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dc.contributor.authorEuropean Network on Debt and Developmenten
dc.date.accessioned2011-12-14T09:39:45Z-
dc.date.available2011-12-14T09:39:45Z-
dc.date.issued2001-
dc.identifier.isbn9291900435en
dc.identifier.urihttp://hdl.handle.net/10419/52802-
dc.description.abstractThis paper reviews the main obstacles to human and social development posed by the current external debt burdens of the least development countries. In particular, it analyses the shortcomings of the mechanisms and thresholds used to assess the sustainability of debt levels in the HIPC Initiative. An alternative needs-based approach analysis of debt sustainability is proposed. The methodology explicitly emphasizes the need to prioritize poor countries’ social and poverty reducing expenditures over external debt servicing. Such an ‘affordable debt service’ analysis of debt sustainability shows clearly that additional debt reduction is required if the HIPCs are to achieve minimum levels of human development by 2015. – debt ; poverty ; economic development ; foreign aid ; debt sustainabilityen
dc.language.isoengen
dc.publisher|aThe United Nations University World Institute for Development Economics Research (UNU-WIDER) |cHelsinkien
dc.relation.ispartofseries|aWIDER Discussion Paper |x2001/110en
dc.subject.jelF34en
dc.subject.jelF35en
dc.subject.jelO19en
dc.subject.jelO55en
dc.subject.ddc330en
dc.subject.stwEntwicklungen
dc.subject.stwSchuldenerlassen
dc.subject.stwArmutspolitiken
dc.subject.stwVierte Welten
dc.titleDebt reduction for poverty eradication in the least developed countries: Analysis and recommendations on LDC debt-
dc.typeWorking Paperen
dc.identifier.ppn336658923en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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