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The external debt contentious six years after the Monterrey Consensus

By: Material type: TextTextPublication details: UN New YorkUS 2008Description: xi, 30 pAction note:
  • 2/18/09 JOYD
Summary: Discusses the shortcomings of standard debt sustainability exercises. Presents new results on the additionality of debt relief. Deals with the need for developing new financial instruments and institutions aimed at reducing the risks of sovereign and external borrowing. Discusses also issues related to the definition of external debt and touches on the odious debt debate.
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Discusses the shortcomings of standard debt sustainability exercises. Presents new results on the additionality of debt relief. Deals with the need for developing new financial instruments and institutions aimed at reducing the risks of sovereign and external borrowing. Discusses also issues related to the definition of external debt and touches on the odious debt debate.

2/18/09 JOYD

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