Debt Relief and Civil War
Author: Tony Addison
Publisher:
Published: 2001
Total Pages: 10
ISBN-13: 9789524552417
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Author: Tony Addison
Publisher:
Published: 2001
Total Pages: 10
ISBN-13: 9789524552417
DOWNLOAD EBOOKAuthor: Tony Addison
Publisher:
Published: 2014
Total Pages:
ISBN-13:
DOWNLOAD EBOOKOf the 41 HIPCs, 11 are classified by the IMF and World Bank as conflict-affected. Can debt relief reduce the level of violent conflict in these countries? By providing additional resources to finance broad-based public spending, debt relief could help to redress the grievances that contribute to conflict. It could also reduce the ability of those motivated by greed to recruit followers, since the incomes, and therefore the grievances of followers, will fall if they benefit from broad-based public spending. But four things can go wrong with the use of debt relief in this way. First, the war party may prevail over the peace party in government, especially if the war party profits directly from conflict. Second, the fiscal system may be so institutionally weak that it cannot achieve the promised fiscal transfer even if the peace party prevails.
Author:
Publisher: USCCB
Published: 1999
Total Pages: 36
ISBN-13: 9781574553291
DOWNLOAD EBOOKAuthor: Robert T. Patterson
Publisher:
Published: 1954
Total Pages:
ISBN-13:
DOWNLOAD EBOOKAuthor: Robert Trescott Patterson
Publisher:
Published: 1954
Total Pages: 6
ISBN-13:
DOWNLOAD EBOOKAuthor: Robert E. Wright
Publisher:
Published: 2005
Total Pages: 482
ISBN-13:
DOWNLOAD EBOOKAuthor:
Publisher:
Published: 1946
Total Pages: 28
ISBN-13:
DOWNLOAD EBOOKAuthor: Guaranty Trust Company of New York
Publisher:
Published: 1918
Total Pages: 32
ISBN-13:
DOWNLOAD EBOOKAuthor: Tony Addison
Publisher:
Published: 2001
Total Pages: 22
ISBN-13:
DOWNLOAD EBOOKAuthor: Yiagadeesen Samy
Publisher: Routledge
Published: 2018-02-06
Total Pages: 270
ISBN-13: 1351523392
DOWNLOAD EBOOKThe debt problems of poor countries are receiving unprecedented attention. Both federal and non-governmental organizations alike have been campaigning for debt forgiveness for poor countries. The governments of creditor nations responded to that challenge at a meeting sponsored by the G-7, International Monetary Fund, and World Bank, all of which upgraded debt relief as a policy priority. Their initiatives provided for generous interpretations of these nations' abilities to sustain debt, gave them opportunities to qualify for debt relief more rapidly, and linked debt relief to broader policies of poverty reduction. Despite this, the crisis has only deepened in the first years of the new millennium. This brilliant group of contributions assesses why this has occurred. In plain language, it considers why debt relief has been so long in coming for poor countries. It evaluates the cost of a persistent overhang in debt for those countries. It also examines, head on, whether enhanced debt relief initiatives offer a permanent exit from over-indebtedness, or are merely a short-term respite. Above all, this volume for the first time addresses the issues on the ground: that is, the views and opinions about debt relief on the part of leaders in advanced nations, and the probability of further support for the most impoverished lands. In this approach, the editors and contributors have made an explicit and successful attempt to be inclusive and relevant at all stages of the analysis. This volume covers the full range of the poorest countries, with contributions by John Serieux, Lykke Anderson and Osvaldo Nina, Befekadu Degefe, Ligia Maria Castro-Monge, and Peter B. Mijumbi. Collectively, they offer a sobering scenario: unless measures are put in place now, in anticipation of further crises, the future of the very poorest nations will remain bleak and troublesome.