Author Description

"In 1996, the international community introduced the Heavily Indebted Poor Countries Initiative to provide a permanent exit from the repeated debt reschedulings of HIPCs in the Paris Club and bring their external debts to sustainable levels. However, in 2004 the HIPC debt problem has still not been solved. This book presents a thorough analysis of the successes and failures of the HIPC Initiative and provides a wide range of suggestions of what needs to be done."--BACK COVER.