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The risks of large capital losses on the domestic assets of developing countries resulting from expropriation, inflation, or devaluations are identified as the major causes of capital flight. The combination of large foreign loans and capital flight from developing countries during the 1970s and...
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Initiative has alleviated debt burdens substantially in recipient countries and has enabled them to increase their poverty …
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distress without unnecessarily constraining their borrowing for development …
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There have been significant developments in sovereign debt restructuring involving private-sector creditors since the IMF's last stocktaking in 2014. While the current contractual approach has been largely effective in resolving sovereign debt cases since 2014, it has gaps that could pose...
Persistent link: https://www.econbiz.de/10014408886
debt below the DSF thresholds, but requested the development of specific recommendations on the implementation of such a …
Persistent link: https://www.econbiz.de/10014409788
The table provides information on HIPC (Heavily Indebted Poor Country) Initiative debt relief provided by each non-Paris Club official bilateral creditor to post-completion point HIPCs. It tracks the HIPC Initiative debt relief granted by these creditors so far. The table will be updated...
Persistent link: https://www.econbiz.de/10014409843
This paper provides a semi-annual review of the status of financing for Poverty Reduction and Growth Facility …
Persistent link: https://www.econbiz.de/10014409864
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