DEBT SUSTAINABILITY FRAMEWORK FOR LOW INCOME COUNTRIES: POLICY AND RESOURCE IMPLICATIONS doc

... debt in the estimates of total debt stock. DEBT SUSTAINABILITY FRAMEWORK FOR LOW INCOME COUNTRIES: POLICY AND RESOURCE IMPLICATIONS Paper submitted for the G-24 Technical Group Meeting ... CONTENTS Executive Summary Introduction 1 Debt Sustainability and Debt Indicators 2 Debt Sustainability Framework 6 Debt Distress 7 Performance Base...

Ngày tải lên: 28/10/2013, 08:15

... total external debt or public and publicly guaranteed debt. DEBT SUSTAINABILITY FRAMEWORK FOR LOW INCOME COUNTRIES: POLICY AND RESOURCE IMPLICATIONS Paper submitted for the G-24 Technical ... in Low Income Countries: Proposal for an Operational Framework and Policy Implications by Mark Allen and Gobind Nankani, IMF and IDA, February 3,...

Ngày tải lên: 06/11/2013, 23:15

... Policies 7 Debt Indicator Strong Medium Poor NPV of debt/ GDP 60 45 30 NPV of debt/ Exports 300 200 100 7 Ibid footnote 2. DEBT SUSTAINABILITY FRAMEWORK FOR LOW INCOME COUNTRIES: POLICY AND RESOURCE ... 19 in Debt Sustainability in Low Income Countries” by Mark Allen and Gobind Nankani, World Bank and IMF, February 2004. bands, 10 percent above and...

Ngày tải lên: 06/11/2013, 23:15

... of the World Bank in September 2004. DEBT SUSTAINABILITY FRAMEWORK FOR LOW INCOME COUNTRIES: POLICY AND RESOURCE IMPLICATIONS Paper submitted for the G-24 Technical Group Meeting (Washington, ... stability and depth; banking sector efficiency and resource mobilization; competitive environment for the private sector; factor and product markets; and...

Ngày tải lên: 06/11/2013, 23:15

... Countries 1 Ibid footnote 3, page 10. DEBT SUSTAINABILITY FRAMEWORK FOR LOW INCOME COUNTRIES: POLICY AND RESOURCE IMPLICATIONS Paper submitted for the G-24 Technical Group Meeting (Washington, ... that is proposed for IDA 14, the best that can be hoped for if upfront donor contributions (for foregone service charges and commitment fees) materialize...

Ngày tải lên: 13/12/2013, 22:15

... DEBT SUSTAINABILITY FRAMEWORK FOR LOW INCOME COUNTRIES: POLICY AND RESOURCE IMPLICATIONS Paper submitted for the G-24 Technical Group Meeting (Washington, ... arrangements for the allocation of grants that is proposed for IDA 14, the best that can be hoped for if upfront donor contributions (for foregone service charges and commitment fees) materializ...

Ngày tải lên: 13/12/2013, 22:15

... debt indicator is above the threshold value in which case it is necessary to DEBT SUSTAINABILITY FRAMEWORK FOR LOW INCOME COUNTRIES: POLICY AND RESOURCE IMPLICATIONS Paper submitted for ... short- term debt to international reserves. Indicators of fiscal vulnerability should also be estimated for all low income countries. The PBA System 2 1 De...

Ngày tải lên: 13/12/2013, 22:15

... could achieve debt sustainability. This is particularly important when IDA accounts for a small share of a DEBT SUSTAINABILITY FRAMEWORK FOR LOW INCOME COUNTRIES: POLICY AND RESOURCE IMPLICATIONS ... debt risk when only public and Conclusions and Recommendations 59. The framework summarized in the paper 1 starts with a grouping of all low income co...

Ngày tải lên: 13/12/2013, 22:15

... value of government debt service to government revenue. 5 DEBT SUSTAINABILITY FRAMEWORK FOR LOW INCOME COUNTRIES: POLICY AND RESOURCE IMPLICATIONS Paper submitted for the G-24 Technical ... separately for short-term and long- term debt. b) The ratio of short-term debt to total debt outstanding measures the vulnerability of a country’s debt...

Ngày tải lên: 13/12/2013, 22:15

... Outstanding Issues, IDA, February 2004. DEBT SUSTAINABILITY FRAMEWORK FOR LOW INCOME COUNTRIES: POLICY AND RESOURCE IMPLICATIONS Paper submitted for the G-24 Technical Group Meeting (Washington, ... 11. Debt Sustainability in Low Income Countries, Allen and Nankani, IMF & IDA, February 2004. 12. Debt Sustainability and Financing Terms in I...

Ngày tải lên: 13/12/2013, 22:15