This study analyzes the debt-relief initiative which as introduced by the IMF and the World Bank, with the support of the developed contries, for Highly-Indebted Poor Countries (HIPCs).

Human development is defined as the improvement of the human condition so that people live longer, healthier and fuller lives. In the development of the concept of HD under the leadership of Mahbub ul Haq, some aspects of HD were related to people's physical well-being, such as health, nutrition...