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The review by the Operations Evaluation Department finds the Heavily Indebted poor Countries (HIPC) initiative highly relevant in addressing a key obstacle facing many poor countries. If the anticipated debt relief is delivered in full, the initiative will succeed in substantially achieving its...
Persistent link: https://www.econbiz.de/10012563718
This paper investigates the determinants behind persistent and prolonged stays under the International Monetary Fund (IMF) program and its effectiveness, using panel data consisting of 70 countries that have requested IMF support multiple times, during the period 1980-2018. By employing panel...
Persistent link: https://www.econbiz.de/10012484886
advocate on behalf of the AfDB in different fora such as the World Bank and IMF's Spring and Annual Meetings, the G20 and …
Persistent link: https://www.econbiz.de/10015076839
This paper investigates the impact of World Bank development policy operations on the quality of economic policy during …
Persistent link: https://www.econbiz.de/10012002353
This study evaluates progress under the HIPC initiative since the 2003 evaluation of the Independent Evaluation Group. It finds that the Enhanced HIPC initiative (the Initiative for Heavily Indebted Poor Countries) cut debt ratios in half for 18 countries, but in eight of these countries, the...
Persistent link: https://www.econbiz.de/10012563259
Large and persistent gaps in social protection coverage, comprehensiveness and adequacy are linked to many barriers, including high levels of informality, institutional fragmentation of the social protection system and significant financing gaps for social protection in a context of limited...
Persistent link: https://www.econbiz.de/10013337729
The COVID-19 pandemic has caused massive disruptions to the global economy and forced policymakers to respond to the newly created challenges. Many policy institutions have therefore had to rethink their established approaches and their usual policy responses.
Persistent link: https://www.econbiz.de/10013337749
development crisis. The financial crisis originated in the developed world, but it has spread quickly and inexorably to the … developing world, sparing no country. Increasingly it appears that this will not be a short-lived crisis. The poor countries are … survival. At high- level meetings held in 2008 to mark the MDG halfway point, world leaders expressed grave concern that the …
Persistent link: https://www.econbiz.de/10012561186
world is going to respond to the challenge of climate change, building on the foundation laid at the conference in Bali in …
Persistent link: https://www.econbiz.de/10012561414
Broad-based global economic growth in 2006, and more generally since 2000, provides grounds for optimism about progress in advancing the Millennium Development Goals (MDGs). The 2007 Global Monitoring Report (GMR) takes stock of this progress and assesses the contributions of developing...
Persistent link: https://www.econbiz.de/10012563090