(HIPC) Initiative was launched to assure a permanent exit from debt dependence. However, the IMF-World Bank program is not …

The HIPC Initiative requires countries receiving debt relief to undertake a Poverty Reduction Strategy programme … export capacity. Many HIPC are not able to realise their full export potential due to supply-side constraints. Indeed, high … overcome structural weaknesses and anti-competitive domestic policy practices and introduce more market- driven institutions …

debt reduction via the enhanced HIPC initiative. This debt relief program is distinguished from previous ones by its … an increase in social spending there could be a short-run increase in inflation in HIPC countries and (iii) the keys to …

quality of policies and institutions among recipient countries. Although we cannot rule out the possibility that our failure …

multilateral organizations and grants in exchange for loans from bilateral institutions. The evidence thus suggests that HIPCs have …

One of the goals of the Heavily Indebted Poor Countries (HIPC) debt initiative is to provide additional resources for … classified as HIPC. The level of health expenditures in HIPC countries, however, is significantly higher than in other developing … countries. On the other hand, countries not classified as HIPC increase their per capita health expenditures more than …

Washington Consensus doctrine. The new mantra from the Washington Consensus Mark 2 is “get the institutions right.” The danger is … that an elastic definition of the term “institutions” will render the current mantra intellectually vacuous. 3. While …

Washington Consensus doctrine. The new mantra from the Washington Consensus Mark 2 is “get the institutions right.” The danger is … that an elastic definition of the term “institutions” will render the current mantra intellectually vacuous. 3. While …