HIPCs : economic prospects, long-term debt sustainability and the role of investment
Author(s)
Bibliographic Information
HIPCs : economic prospects, long-term debt sustainability and the role of investment
（Commonwealth economic papers, 66）
Commonwealth Secretariat, c2004
- : pbk
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National Graduate Institute for Policy Studies Library (GRIPS Library)
: pbk338.93||D8100970712
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Note
Includes bibliographical references (p. 80)
Description and Table of Contents
Description
This paper provides a review of the economic prospects for HIPCs in the global context. Two issues in particular are discussed. First, the paper emphasises the importance of promoting export orientated investment that upgrades and sustains exports. Second, it underlies the need to promote private participation in infrastructure. The paper was commissioned by the Commonwealth Secretariat as an input into the Commonwealth HIPC Ministerial Forum in March 2004, which was held in Freetown, Sierra Leone. It also includes the Ministerial Statement, which is attached as an Annex to the paper.
Table of Contents
Foreword Executive Summary 1. HIPC Initiative Update 1.1 Progress in Reaching Completion and Decision Points 1.2 Costs and Eligibility 1.3 Creditor Participation 1.4 Financial Impact on HIPCs 2. Economic Prospects of HIPCs 2.1 Prospects for Advanced Economies 2.2 Prospects for Developing Countries 2.3 Prospects for HIPCs 3. Promoting Long-term Debt Sustainability in HIPCs 3.1 Commodity Prices and Debt 3.2 Debt Sustainability and Terms and Modalities of Future Resource Transfers 4. Investment in HIPCs 4.1 Investment Trends 4.2 Promoting Export-oriented Investment 4.3 Private Participation in Infrastructure Projects Annexes Tables Figures
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