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countries, the debt of countries in the Global South has been at a dramatically high level for years. High debt service payments …Triggered by both low interest rates in rich countries and high financing needs for infrastructure in many poorer …
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This article discusses the links between climate and debt sustainability by focusing on how climate mitigation and …, conditional official grants and debt relief from both public and private sources. The article discusses the role of green bonds …, carbon offsets, grants and debt relief. Among these solutions, no single instrument appears to be right for all countries or …
Persistent link: https://www.econbiz.de/10014492279
performance before their debts were forgiven. We discuss the hypothesis that during the follow-up, Multilateral Debt Relief … Initiative (MDRI), the World Bank has refrained from this policy, and that debt relief decisions are rather politically driven …, respectively. Our main finding shows, that improvements in governance quality led to higher levels of debt forgiveness in 2000 …
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