This study proposes a new initiative involving the cancellation of concessional rescheduling of public bilateral debt of reforming African countries through a new international mechanism that would replace existing ones such as the Paris Club and the World Bank Consultative Groups. Each of a series of Adjustment Review Consortia would bring together representatives of donor and creditor governments international aid and development agencies, and an African government to coordinate debt relief, aid, and reform initiatives. ...
Read More
This study proposes a new initiative involving the cancellation of concessional rescheduling of public bilateral debt of reforming African countries through a new international mechanism that would replace existing ones such as the Paris Club and the World Bank Consultative Groups. Each of a series of Adjustment Review Consortia would bring together representatives of donor and creditor governments international aid and development agencies, and an African government to coordinate debt relief, aid, and reform initiatives. Properly implements, ARCs would contribute to building a system in which economic need and performance, not political favoritism, play the principal roles in how debt and external financing in general are managed.
Read Less
Publisher:
Peterson Institute for International Economics
Published:
1991
Language:
English
Alibris ID:
17049399567
Shipping Options:
Standard Shipping: $4.81
Choose your shipping method in Checkout. Costs may vary based on destination.
Seller's Description:
Like New. Num Pages: 82 pages. Dimension: 229 x 152. Weight in Grams: 666. Keywords: Africa. 82 pp. 1991. Paperback. First edition copy.....We ship daily from our Bookshop.