Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/18506
Authors: 
Alvarez-Plata, Patricia
Brück, Tilman
Year of Publication: 
2006
Series/Report no.: 
DIW Discussion Papers 613
Abstract: 
In the development literature, there exists no systematic study of external borrowing in post-conflict countries. We address this gap by analyzing statistical and case study evidence from three African countries. We find that many war-affected countries face rising debt arrears and deteriorating relations with creditors. Rebuilding trust between lenders and borrowers is hence a crucial but often slow process. Furthermore, donors to war-affected African countries have been slow to grant exceptional debt relief based odious debt or on financial requirements. Debt relief for post-conflict reconstruction should embrace a more forward-looking and more generous conditionality.
Subjects: 
post-conflict reconstruction
debt
HIPC
aid
institutions
Africa
Document Type: 
Working Paper

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