(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,...

(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...

Global Budget Support should contribute to give some sense to the national process of budget allocation. The case of Burkina Faso shows that progress has been made in this direction. Nevertheless, the links between strategies and budgetisation remain weak, namely because of budget dualism. The...

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...

Considered an “A-student” by the Bretton Woods Institutions, Mali benefitsfiom debt relief: Growth resumed afier the 1994 devaluation, but poverty did not decrease significantly. The Poverty Reduction Strategy Paper gives priority to investment in education and health. In countries like...

The international financial crisis is likely to produce very different impacts on the various African countries, depending on their degree of openness to commercial and financial flows. The volume of foreign flows is a matter of concern given that exports, loans, public grants and remittances...

Ce chapitre vise à présenter l’initiative PPTE originale et renforcée (ainsi que les initiatives annexes qui se sont greffées dessus), de manière à analyser la manière dont les modalités retenues induisent aujourd’hui l’élaboration des programmes de réduction de la pauvreté et...