LongTerm Debt Sustainability in LowIncome Countries

The HIPC Initiative Revisited

image of LongTerm Debt Sustainability in LowIncome Countries

Drawing on experiences in a wide range of countries, this book highlights the advantages and problems of multipleshift systems. It also makes practical suggestions on ways to make multipleshift systems operate effectively. The book is intended for (i) national and regional policymakers, and (ii) headteachers and others responsible for running multipleshift schools.



Sustainable Debt: What Lessons Can be Learnt from the Current HIPC Initiative?

The Heavily Indebted Poor Countries Initiative was launched in 1996 to address the debt burdens of some low-income countries. This was in response to concerns that traditional debt restructuring mechanisms through the Paris Club had failed to reduce debt burdens and that these were threatening future growth and poverty reduction. The Enhanced HIPC Initiative (HIPC II) was launched in 1999 to provide deeper and more rapid debt relief to a larger number of countries.


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