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Delivering on Debt Relief: From IMF Gold to a New Aid Architecture
 
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Delivering on Debt Relief: From IMF Gold to a New Aid Architecture (Paperback)

by Nancy Birdsall (Author), John Williamson (Author), Brian Deese (Author)
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Frequently Bought Together

Delivering on Debt Relief: From IMF Gold to a New Aid Architecture + Sovereign Debt at the Crossroads: Challenges and Proposals for Resolving the Third World Debt Crisis + Debt Relief for Poor Countries (Studies in Development Economics and Policy)
Price For All Three: $111.95

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Editorial Reviews

Review
"A hard-headed analytical work that is sensitive to the needs of poor countries...their answers are simple, compelling and powerful." -- Dani Rodrik, Professor, JFK School of Government, Harvard University

"Highlights the role of the Center for Global Development in bridging the gap between campaigners and scholars. . . ." -- Gerry Flood, United States Conference of Catholic Bishops

Product Description
The idea of extending debt relief to the world’s poorest countries has been hotly debated over the past few years. That debate has moved into the glare of the spotlight now that Bono, lead-singer of the Grammy-award winning band U2, has begun an earnest campaign to marshal assistance through a series of meetings with top government officials and visits to needy countries.

In keeping with its mission to analyze the latest trends in international economics, the Institute for International Economics has teamed up with a brand new think tank, the Center for Global Development (CGD) to produce a new study, Delivering on Debt Relief: From IMF Gold to a New Aid Architecture.

This study brings readers up to date on the complicated and controversial subject of debt relief for the poorest countries of the world. What has actually been achieved? Has debt relief provided truly additional resources to fight poverty? How will the design and timing of the "enhanced Highly Indebted Poor Country (HIPC) initiative" affect the development prospects of the world's poorest countries and their people?

The study then moves on to address several broader policy questions. Is debt relief a step toward more efficient and equitable government spending, building better institutions, and attracting productive private investment in the poorest countries? Who pays for debt relief? Is there a case for further relief? Most importantly, how can the case for debt relief be sustained in a broader effort to combat poverty in the poorest countries?

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