As the multilateral debt relief initiatives draw to a close, this article reviews the impacts of debt relief to low-income countries (LICs) building on both the ...

Highly indebted poor countries should be targeted not for debt relief but for direct aid that would assist in building social infrastructure.

There is a risk of a systemic debt crisis in low-income countries that could pose a considerable threat to the development progress they have made in the past ...

Following the receipt of debt relief poor countries face a classic time-consistency problem: they can either constrain their absorption and keep the debt-to ...

17 янв. 2024 г. · High debt servicing costs increase poverty and fragility in developing countries, contributing to political instability. They also reduce those ...

It would also undermine the confidence of existing and potential investors whose funds are vital for the long-term development of the low-income countries.

10 мар. 2023 г. · If a country is forced to default on its debt, it can reduce market access, result in higher borrowing costs, deter investment and lead to a ...

Countries in crisis are often in poor economic shape in large part because of bad policy choices in the past. IMF and World Bank policies are appropriately ...

21 июл. 2024 г. · Developing countries are facing the worst debt crisis in history with almost half their budgets being spent on paying back their creditors, a study has found.

22 сент. 2023 г. · Here, we unpack the dynamics between sovereign debt and climate change and point to potential solutions for escaping the climate-finance doom loop.