HIPC: Economic Prospects, Long-term Debt Sustainability and the Role of Investment
Subtitle: Economic Paper 66 (Economic Paper Series)
Publisher: Commonwealth Secretariat
Published: January 2006
Language: eng
Format: Paperback
Number of pages: 74
ISBN-13: 9780850928037
Subjects: Development economics; Public finance; Political Science; Globalization; Business / Economics / Finance; Politics/International Relations; Developing countries; International - Economics; Political Science / Globalization; Debts, External; Investments
Description: This paper provides a review of the economic prospects for HIPCs in the global context. Two issues in particular are discussed. First, the paper emphasises the importance of promoting export orientated investment that upgrades and sustains exports. Second, it underlies the need to promote private participation in infrastructure. The paper was commissioned by the Commonwealth Secretariat as an input into the Commonwealth HIPC Ministerial Forum in March 2004, which was held in Freetown, Sierra Leone. It also includes the Ministerial Statement, which is attached as an Annex to the paper.