... export demand, lower commodity prices and a decline in in-The global imbalances have narrowed, but still pose a risk for further financial troubleBillions of dollars -1 000 -8 00 -6 00 -4 00 -2 0002004006002003 ... post-completion-point HIPCs could be classified as being at “low risk” of debt distress, highlighting the fact that many countries continue to be vulnerable. Indeed, several mid-dle- and low-income ... 76 World Economic Situation and Prospects 2009With the proliferation of new sources of money for aid, the landscape in de-velopment cooperation has changed. As mentioned above, non-DAC donors,...