External debt sustainability in HIPC completion point countries /

Despite substantial debt relief to HIPC Initiative completion point countries, long-term debt sustainability remains a challenge. This paper examines a number of structural factors affecting external debt sustainability. It shows that in HIPC completion point countries (i) the export base broadly re...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Yang, Jin
Otros Autores: Nyberg, Dan
Formato: Electrónico eBook
Idioma:Inglés
Publicado: [Washington D.C.] : International Monetary Fund, 2009.
Colección:IMF working paper ; WP/09/128.
Temas:
Debts, External > Developing countries.
International finance.
Debts, External
International finance
Developing countries
Acceso en línea:Texto completo
Descripción
Sumario:Despite substantial debt relief to HIPC Initiative completion point countries, long-term debt sustainability remains a challenge. This paper examines a number of structural factors affecting external debt sustainability. It shows that in HIPC completion point countries (i) the export base broadly remains narrow; (ii) fiscal revenue mobilization lags behind in some countries; and (iii) policy and institutional frameworks are still relatively weak. Achieving and maintaining longterm debt sustainability in completion point countries will require continued structural reforms, timely donor support.
Descripción Física:1 online resource (20 pages)
Bibliografía:Includes bibliographical references.

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