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Titlebook: Debt Relief for Poor Countries; Tony Addison (Deputy Director),Henrik Hansen (Asso Book 2004 Palgrave Macmillan, a division of Macmillan P

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Resolving the HIPC Problem: Is Good Policy Enough?relief emphasizes everything from bad policy to terms of trade shocks to political instability to globalization. Depending on one’s personal preferences (and biases) you can ‘pick and mix’ virtually any combination of explanatory factors.
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External Debt and Growth: Implications for HIPCshe Brady plan. However, in the second half of the 1990s, policy-makers around the world began to recognize that very high large debt levels were a contributing factor to the extreme poverty of many low-income countries, despite the fact that a sizeable share of the lending to these countries had occurred at concessional rates.
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Debt Relief and Growth: A Study of Zambia and Tanzania to the poorest and most indebted countries. The World Bank and the IMF launched the first version (HIPC I) in 1996. In 1999 it was enhanced following global consultations in Cologne, where it was considered necessary to provide more extensive and faster debt relief with clearer links to poverty reduction (HIPC II).
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Book 2004bt relief benefits poor people? And how can we ensure that poor countries do not become highly indebted again? These are some of the key policy issues covered in this rigorous and independent analysis of debt, development, and poverty.
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https://doi.org/10.1007/978-3-531-91919-5 along with high estimated returns to schooling in many HIPCs, are often cited as justification for increased public investment in education (Table 11.1). As a result, explicit targets for expanding school enrolment rates and other performance criteria for education expenditures have been set in HIPC programmes.
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