Debt Relief

 

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Debt Relief for Poor Countries

Debt Relief for Poor Countries
After a massive international campaign calling attention to the development impact of foreign debt, the Heavily Indebted Poor Countries (HIPC) initiative is now underway. But will the HIPC Initiative meet its high expectations? Will debt relief substantially raise growth? How do we make sure that debt relief benefits poor people? And how can we ensure that poor countries do not become highly indebted again? These are some of the key policy issues covered in this rigorous and independent analysis of debt, development, and poverty.



Debt Relief for Poor Countries
Debt Relief for Poor Countries
After a massive international campaign calling attention to the development impact of foreign debt, the Heavily Indebted Poor Countries (HIPe initiative is now underway. But will the HIPC Initiative meet its high expectations? Will debt relief substantially raise growth? How do we make sure that debt relief benefits poor people? And how can we ensure that poor countries do not become highly indebted again? These are some of the key policy issues covered in this rigorous and independent analysis of debt, development, and poverty.



Debt relief - Debt relief is the partial or total forgiveness of debt, or the slowing or stopping of debt growth, owed by individuals, corporations, or nations.

Link campaign - Link campaigns are a form of online marketing and is also a method for search engine optimization. A business seeking to increase the number of visitors to its web site can ask its strategic partners, professional organizations, chambers of commerce, suppliers, and customers to add links from their web sites.

Paris Club - The Paris Club is an informal group of financial officials from 19 of the world's richest countries, which provides financial services such as debt restructuring, debt relief, and debt cancellation to indebted countries and their creditors. Debtors are often recommended by the International Monetary Fund after alternative solutions have failed.

Minsc - Minsc is the name of a prominent fictional character in the Baldur's Gate series of Dungeons & Dragons computer role-playing games created by Bioware. Appearing in both the original Baldur's Gate (and its add-on Tales of the Sword Coast) and the sequel Baldur's Gate II: Shadows of Amn (and its add-on Throne of Bhaal), he served as a light-toned comic relief and was always accompanied by a pet hamster named "Boo", represented as an icon in Minsc's inventory.



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