Coming to Terms with Reality. Evaluation of the Belgian Debt Relief ...

More documents

Recommendations

Info

References Coming to Terms with Reality African Development Bank (2010) African Legal Support Facility. Available at: http:// www.afdb.org/en/topics-sectors/initiatives-partnerships/african-legal-support-facility/ Beddies, C., Dömeland, D., Le Manchec, M.-H. and Mooney, H. (2009) ‘Debt sustainability in low-income countries: Recent experience and challenges ahead’, In: C. A. Primo Braga and D. Dömeland (eds), Debt relief and beyond: Lessons learned and challenges ahead, Washington, DC: World Bank, pp. 93-115. Birdsall, N., Claessens, S. and Diwan, I. (2003) ‘Policy selectivity forgone: Debt and donor behaviour in Africa’, Working Paper No. 17, Washington, DC: Center for Global Development. Biron, G. (2001) ‘Aperçu des operations d’allègement de la dette financées par la DGCI’, DGD Internal Note, October 2001. Boote, A. R. and Thugge, K. (1997) ‘Debt relief for low-income countries and the HIPC Initiative’, IMF Working Paper WP/97/24, Washington, DC: International Monetary Fund. Buchheit, L. C. and Gulati, G. M. (2009) ‘Responsible sovereign lending and borrowing’, Background Note prepared for the UNCTAD project on Promoting Responsible Sovereign Lending and Borrowing, Geneva: United Nations Conference on Trade and Development. Buckley, R. (2009) ‘Debt-for-development exchanges: The origins of a financial technique’, Law and Development Review 2 (1): 24-49. Bulow, J. and Rogoff, K. (1988) ‘The buyback boondoggle’, Brookings Papers on Economic Activity 2 : 675-698. Bulow, J. and Rogoff, K. (1991) ‘Sovereign repurchases: No cure for overhang’, Quarterly Journal of Economics 106(4): 1219-1235. Cassimon, D. (1990) ‘Wie betaalt de veerman? Schuldkwijtschelding versus secundaire marktoperaties’, Economisch en Sociaal Tijdschrift 44 (3): 188-195. Cassimon, D., Essers, D. and Renard, R. (2009a) What potential for debt-for-education swaps in financing Education for All?, Paris: United Nations Educational, Scientific and Cultural Organization. Cassimon, D., Prowse, M. and Essers, D. (2009b) ‘The pitfalls and potential of debt-fornature swaps. A US-Indonesian case study’, IOB Working Paper 2009.07, Antwerp: Institute of Development Policy and Management, University of Antwerp. Cassimon, D., Renard, R. and Verbeke, K. (2008) ‘Assessing debt-to-health swaps: A case study on the Global Fund Debt2Health Conversion Scheme’, Tropical Medicine and International Health 13 (9): 1188-1195. | 129 |
| 130 | References Cassimon, D. and Van Campenhout, B. (2007) ‘Aid effectiveness, debt relief and public finance response: Evidence from a panel of HIPC countries’, Review of World Economics 143 (4): 742-763. Cassimon, D. and Van Campenhout, B. (2008) ‘Comparative fiscal response effects of debt relief: An application to African HIPCs’, South African Journal of Economics 76 (3): 427-442. Claessens, S. (1990) ‘The debt Laffer Curve: Some Estimates’, World Development 18 (12): 1671-1676. Cohen, D. (2001) ‘The HIPC initiative: True and false promises’, International Finance 4 (3): 363-380. Collier, P. (2006) ‘Is aid oil? An analysis of whether Africa can absorb more aid’, World Development 34 (9): 1482-1497. Cosio-Pascal, E. (2008) ‘The emerging of a multilateral forum for debt restructuring: The Paris Club’, UNCTAD Discussion Paper 192, Geneva: United Nations Conference on Trade and Development. Crespo Cuaresma, J. and Vincelette, G. A. (2008) ‘Debt relief and education in Heavily Indebted Poor Countries’, Mimeo, Innsbruck/Washington, DC: University of Innsbruck/ World Bank. Available at: http://siteresources.worldbank.org/INTDEBTDEPT/ Resources/468980-1170954447788/3430000-1224794603726/Report0102.pdf. Daseking, C. and Powell, R. (1999) ‘From Toronto terms to the HIPC Initiative: A brief history of debt relief for low-income countries’, IMF Working Paper WP/99/142, Washington, DC: International Monetary Fund. Depetris Chauvin, N. and Kraay, A. (2005) ‘What has 100 billion worth of debt relief done for low-income countries’, World Bank Manuscript. Available at: http://129.3.20.41/eps/if/ papers/0510/0510001.pdf. Depetris Chauvin, N. and Kraay, A. (2007) ‘Who gets debt relief?’, Journal of the European Economic Association 5 (2-3): 333-342. Development Finance International (2009) ‘Debt relief to combat climate change’, Paper prepared for the Joint Ministerial Forum on Debt Sustainability. London: Commonwealth Secretariat. Dijkstra, A. G. (2003) ‘Results of international debt relief 1990-1999’, IOB Evaluations No. 292, The Hague: Policy and Operations Evaluation Department, Ministry of Foreign Affairs. Coming to Terms with Reality Dömeland, D. and Kharas, H. (2009) ‘Debt relief and sustainable financing to meet the MDGs’, In: C. A. Primo Braga and D. Dömeland (eds), Debt relief and beyond: Lessons learned and challenges ahead, Washington, DC: World Bank, pp. 117-140. Freytag, A. and Pehnelt, G. (2009) ‘Debt relief and governance quality in developing countries’, World Development 37 (1): 62-80. Gamarra, B., Pollock, M. and Primo Braga, C. A. (2009) ‘Debt relief to low-income countries: a retrospective’, In: C. A. Primo Braga and D. Dömeland (eds), Debt relief and beyond: Lessons learned and challenges ahead. Washington, DC: World Bank, pp. 11-33. Gautam, M. (2003) Debt relief for the poorest. An OED review of the HIPC Initiative, Washington, DC: World Bank. IDA and IMF (2009) Heavily Indebted Poor Countries (HIPC) Initiative and Multilateral Debt Relief Initiative (MDRI) - Status of Implementation, September 15, Washington, DC: International Development Association and International Monetary Fund. IMF (2010a) Poverty Reduction Strategy Papers (PRSP) - Factsheet, April 8, Washington, DC: International Monetary Fund. IMF (2010b) Debt relief under the Heavily Indebted Poor Countries (HIPC) Initiative -Factsheet, February 18, Washington, DC: International Monetary Fund. IMF (2010c) The Multilateral Debt Relief Initiative - Factsheet, March 9, Washington, DC: International Monetary Fund. IMF (2010d) The Joint World Bank–IMF Debt Sustainability Framework for low-income countries - Factsheet, March, Washington, DC: International Monetary Fund. IMF and World Bank (2010) Preserving debt sustainability in low-income countries in the wake of the global crisis, Washington, DC: International Monetary Fund. Johansson, P. (2010) ‘Debt relief, investment and growth’, World Development 38 (9): 1204-1216. Krugman, P. (1988) ‘Financing versus Forgiving a Debt Overhang’, Journal of Development Economics 29 (3): 253-268. Leo, B. (2009) ‘Will World Bank and IMF lending lead to HIPC IV? Debt déjà-vu all over again’, Working Paper No. 193, Washington, DC: Center for Global Development. Moye, M. (2001) ‘Overview of debt conversion’, DRI Publication No. 4, London: Debt Relief International. | 131 |
Page 1 and 2:
Main report Coming to Terms with Re
Page 3 and 4:
| 2 | The Office of the Special Eva
Page 5 and 6:
| 6 | List of abbreviations ODA Off
Page 7 and 8:
| 10 | Executive Summary internatio
Page 9 and 10:
| 14 | Executive Summary comprehens
Page 11 and 12:
| 18 | Executive Summary instead of
Page 13 and 14:
1 Methodological approach of evalua
Page 15 and 16: | 26 | Methodological approach of e
Page 17 and 18: | 30 | International debt relief in
Page 41 and 42: | 78 | Debt relief policy and pract
Page 53 and 54: | 102 | Debt relief policy and prac
Page 55 and 56: | 106 | Debt relief policy and prac
Page 57 and 58: | 110 | Case study Cameroon The spe
Page 59 and 60: | 114 | Case study Cameroon Table 4
Page 61 and 62: | 118 | Case study Cameroon The sec
Page 63 and 64: 5 General conclusions and recommend
Page 65: | 126 | General conclusions and rec
Page 69 and 70: Annexes Coming to Terms with Realit
Page 71 and 72: | 138 | Annexes Annex 2.2: A note o
Page 73 and 74: | 142 | Annexes including forgiven
Page 75 and 76: | 146 | Annexes Annex 3.1: Cash bal
Page 77 and 78: | 150 | Annexes Restructuration Fin
Page 79 and 80: | 154 | Annexes Annex 3.3: Contribu
Page 81 and 82: | 158 | Annexes Coming to Terms wit
Page 83 and 84: | 162 | Annexes Figure 26 Gross Fix
Page 85 and 86: | 166 | Annexes We started out on t
Page 87 and 88: | 170 | Annexes and publicly guaran
Page 89 and 90: | 174 | Annexes 3 Debt Relief under
Page 91 and 92: | 178 | Annexes Figure 6 Bilateral
Page 93 and 94: | 182 | Annexes Source: BEAC This l
Page 95 and 96: | 186 | Annexes 4 Efficiency of the
Page 97 and 98: | 190 | Annexes 4.4 Implementation
Page 99 and 100: | 194 | Annexes Our analysis sugges
Page 101 and 102: | 198 | Annexes Figure 20 Total and
Page 103 and 104: | 202 | Annexes The second group of
Page 105 and 106: | 206 | Annexes 6 Impact on Economi
Page 107 and 108: | 210 | Annexes The 2004 survey rep
Page 109 and 110: | 214 | Annexes Figure 30 Debt serv
Page 111 and 112: | 218 | Annexes evolution is in lin
Page 113 and 114: | 222 | Annexes National Institute
Page 115: Published by: Kingdom of Belgium Fe
show all

Coming to Terms with Reality. Evaluation of the Belgian Debt Relief ...

Create successful ePaper yourself

Delete template?

Save as template?