Hidden Bibliographic Details
| Varying Form of Title: | External debt sustainability in Heavily Indebted Poor Countries (HIPC) Initiative
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| Other authors / contributors: | International Monetary Fund. Finance Department, issuing body.
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| ISBN: | 1451902905
9781451902907
9781451857771
1451857772
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| ISSN: | 2227-8885
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| Notes: | Includes bibliographical references.
Restrictions unspecified
Electronic reproduction. [S.l.] : HathiTrust Digital Library, 2010.
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212
digitized 2010 HathiTrust Digital Library committed to preserve
Print version record.
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| Summary: | This paper examines a number of structural factors affecting the external debt sustainability of HIPC completion point countries. It shows that (i) while comparing favorably with other lowincome countries, the policy and institutional frameworks of completion point countries in general are still relatively weak, and their debt management practices remain inferior to international standards; and (ii) their export base remains narrow and fiscal revenue mobilization lags behind, even compared with many other low-income countries. Achieving and maintaining long-term debt sustainability in completion point countries will require continued structural reforms, timely donor support, and close monitoring of new borrowing in support of sound macroeconomic policies.
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| Other form: | Print version: Yan, Sun. External debt sustainability in HIPC completion point countries. [Washington, D.C.] : International Monetary Fund, Finance Dept., 2004
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| Standard no.: | 10.5089/9781451902907.001
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