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(english) Low Income Countries (LICs) have a very limited access to international financial markets. Since the 90's, LICs have been granted debt relief by bilateral creditors and by international financial institutions. Did those debt relief initiatives send a negative message to the lenders,...
Persistent link: https://www.econbiz.de/10010822498
(english) After two debt relief initiatives launched in 1996 (the Heavily Indebted Poor Countries, HIPC Initiative) and in 1999 (The enhanced HIPC initiative), the G7 decided to go further by cancelling the remaining multilateral debt for these HIPC countries through the Multilateral Debt Relief...
Persistent link: https://www.econbiz.de/10010822507
After two debt relief initiatives launched in 1996 (the Heavily Indebted Poor Countries, HIPC Initiative) and in 1999 (The enhanced HIPC initiative), the G7 decided to go further by cancelling the remaining multilateral debt for these HIPC countries through the Multilateral Debt Relief...
Persistent link: https://www.econbiz.de/10010861386
LICs have no access to international financial markets. Since the nineties, LICs have been granted debt relief by bilateral creditors andby international financing institutions, namely from 1996 on underHighly Indebted Poor Countries (HIPC) Initiative and from 2005 onunder Multilateral Debt...
Persistent link: https://www.econbiz.de/10011072896
(english) After debt cancellations, in particular MDRI (Multilateral Debt Relief Initiative) debt ratios in Low Income Country dropped to historic lows. They are now getting into debt again, because of Bretton Woods Institutions (BWI) new loans, of emerging countries’ (namely China) loans, and...
Persistent link: https://www.econbiz.de/10010610556
After debt cancellations, in particular MDRI (Multilateral Debt Relief Initiative) debt ratios in Low Income Country dropped to historic lows. They are now getting into debt again, because of Bretton Woods Institutions (BWI) new loans, of emerging countries’ (namely China) loans, and sometimes...
Persistent link: https://www.econbiz.de/10010708906
After two debt relief initiatives launched in 1996 (the Heavily Indebted Poor Countries, HIPC Initiative) and in 1999 (The enhanced HIPC initiative), the G7 decided to go further by cancelling (most of) the remaining multilateral debt for these HIPC countries through the Multilateral Debt Relief...
Persistent link: https://www.econbiz.de/10011273984
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