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Autoren: 
Alvarez-Plata, Patricia
Brück, Tilman
Datum: 
2006
Reihe/Nr.: 
DIW Discussion Papers 613
Zusammenfassung: 
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.
Schlagwörter: 
post-conflict reconstruction
debt
HIPC
aid
institutions
Africa
Dokumentart: 
Working Paper
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