In this paper we focus on the question: will the HIPC debt reduction programme help in the transformation of the development assistance business and change the rules of the ‘debt game’ in Africa? We concentrate on the donor and official creditor side, by exploring how the growing debt of...

In 1999, the United States and other major donor countries supported an historic expansion of the heavily indebted poor country (HIPC) debt relief initiative. HIPC had two primary goals: reduce poor countries' debt burdens to levels that would allow them to achieve sustainable growth; and...

In 1999, the United States and other major donor countries supported an historic expansion of the heavily indebted poor country (HIPC) debt relief initiative. HIPC had two primary goals: reduce poor countries' debt burdens to levels that would allow them to achieve sustainable growth; and...

Cover -- Contents -- Foreword -- Preface -- Chapter 1 Introduction -- Group A versus Group B -- Expanding Debt Relief -- Reinventing the Aid Architecture -- Appendix 1.1 Ten Questions about Debt and Debt Relief -- Chapter 2 The HIPC Initiative: Background and Critiques -- The Heavily Indebted...