The total amount of debt relief accorded to African countries in the framework of the Multilateral Debt Relief Initiative is expected to reach $43 billion concerning 33 countries. The 15 African countries presently qualified for this Initiative will benefit from restored creditworthiness....

One of the particular features of poor countries’ economies is their volatility, due mostly to their dependence on commodities. The paper shows that this volatility is a prime factor behind the debt crises of the poorest countries. It advocates the adoption by donors of a new lending...

La mise en œuvre successive des plans d'allègement de la dette "Pays pauvres très endettés" (PPTE) et Initiative d’allègement de la dette multilatérale (IADM) ont permis de réduire considérablement la charge du service de la dette pour les pays africains qui en ont bénéficié. Dotés...

</titre> Trying to measure over-indebtedness can be seen as an attempt to legitimate decisions like debt rescheduling, debt relief or debt cancellation. The HIPC initiatives introduced such measures in 1996. The choice of thresholds has been made in a specific logic (debt overhang) very different from...

[eng] Rolf Meier, Marc Raffinot — Working out programs with the IMF in Africa : A new approach ? Analysis of the Rwanda and Burkina Faso cases Since 1999, programs supported by the IMF must align with a poverty reduction strategy designed by government. However, this prerequisite of ownership,...