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The Debt Sustainability Framework for Low-Income Countries (Occasional Papers)

Bergljot Barkbu, Marie-Helene Le Manchec, Christian H. Beddies




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 | #3218006 in eBooks |  2009-02-25 |  2009-02-25 | File type: PDF

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Low-income countries continue to face significant challenges in meeting their vast development needs while maintaining a sustainable debt position, even after many of these countries have benefited from substantial debt relief. These challenges are further exacerbated by changes in the financial landscape, including the emergence of new creditors and investors, the use of more complex financing vehicles, and the development of domestic markets. The joint World Bank/IMF d...

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