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Debt Relief For The Poorest Countries. by John E.Serieux and Yiagadeesen Samy is a book available to read on EtoBox.

What is Debt Relief For The Poorest Countries. about?

<p>The debt problems of poor countries are receiving unprecedented attention. Both federal and non-governmental organizations alike have been campaigning for debt forgiveness for poor countries. The governments of creditor nations responded to that challenge at a meeting sponsored by the G-7, International Monetary Fund, and World Bank, all of which upgraded debt relief as a policy priority. Their initiatives provided for generous interpretations of these nations' abilities to sustain debt, gave them opportunities to qualify for debt relief more rapidly, and linked debt relief to broader policies of poverty reduction. Despite this, the crisis has only deepened in the first years of the new millennium.</p> <p>This brilliant group of contributions assesses why this has occurred. In plain language, it considers why debt relief has been so long in coming for poor countries. It evaluates the cost of a persistent overhang in debt for those countries. It also examines, head on, whether enhanced debt relief initiatives offer a permanent exit from over-indebtedness, or are merely a short-term respite. Above all, this volume for the first time addresses the issues on the ground: that is, the

Author

John E.Serieux and Yiagadeesen Samy

Publisher

New Brunswick, N.J.: Transaction Publishers

Published

2017

Language

EN

ISBN

9781351523387

Subjects

Business, Economics, Social Science