External Debt Sustainability in HIPC Completion Point Countries:
This paper examines a number of structural factors affecting the external debt sustainability of HIPC completion point countries. It shows that (i) while comparing favorably with other lowincome countries, the policy and institutional frameworks of completion point countries in general are still rel...
Gespeichert in:
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Washington, D.C
International Monetary Fund
2004
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| Schriftenreihe: | IMF Working Papers
Working Paper No. 04/160 |
| Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 URL des Erstveröffentlichers |
| Zusammenfassung: | This paper examines a number of structural factors affecting the external debt sustainability of HIPC completion point countries. It shows that (i) while comparing favorably with other lowincome countries, the policy and institutional frameworks of completion point countries in general are still relatively weak, and their debt management practices remain inferior to international standards; and (ii) their export base remains narrow and fiscal revenue mobilization lags behind, even compared with many other low-income countries. Achieving and maintaining long-term debt sustainability in completion point countries will require continued structural reforms, timely donor support, and close monitoring of new borrowing in support of sound macroeconomic policies |
| Beschreibung: | 1 Online-Ressource (34 p) |
| ISBN: | 1451857772 9781451857771 |
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| spelling | Sun, Yan Verfasser aut External Debt Sustainability in HIPC Completion Point Countries Sun, Yan Washington, D.C International Monetary Fund 2004 1 Online-Ressource (34 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 04/160 This paper examines a number of structural factors affecting the external debt sustainability of HIPC completion point countries. It shows that (i) while comparing favorably with other lowincome countries, the policy and institutional frameworks of completion point countries in general are still relatively weak, and their debt management practices remain inferior to international standards; and (ii) their export base remains narrow and fiscal revenue mobilization lags behind, even compared with many other low-income countries. Achieving and maintaining long-term debt sustainability in completion point countries will require continued structural reforms, timely donor support, and close monitoring of new borrowing in support of sound macroeconomic policies Online-Ausg http://elibrary.imf.org/view/IMF001/02263-9781451857771/02263-9781451857771/02263-9781451857771.xml Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Sun, Yan External Debt Sustainability in HIPC Completion Point Countries |
| title | External Debt Sustainability in HIPC Completion Point Countries |
| title_auth | External Debt Sustainability in HIPC Completion Point Countries |
| title_exact_search | External Debt Sustainability in HIPC Completion Point Countries |
| title_exact_search_txtP | External Debt Sustainability in HIPC Completion Point Countries |
| title_full | External Debt Sustainability in HIPC Completion Point Countries Sun, Yan |
| title_fullStr | External Debt Sustainability in HIPC Completion Point Countries Sun, Yan |
| title_full_unstemmed | External Debt Sustainability in HIPC Completion Point Countries Sun, Yan |
| title_short | External Debt Sustainability in HIPC Completion Point Countries |
| title_sort | external debt sustainability in hipc completion point countries |
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