Low-income developing countries (LIDCs) are greatly affected by the coronavirus pandemic, and sovereign debt has become a major concern. The International Monetary Fund (IMF) already classified 44% of LIDCs as being in debt distress or at risk of it before the Covid-19 crisis began. One major...

This book from the All Party Parliamentary Group on Overseas Development brings together bankers, academics, Third World debtors, multilateral agency heads and politicians in an examination of political solutions to the Third World debt crisis. The book reveals that debt reductions are...