The Administration of Debt Relief by the International Financial Institutions

A Legal Reconstruction of the HIPC Initiative
1. Auflage. Softcover version of original hardcover Auflage 2009
ISBN: 978-3-642-10018-5
Verlag: Springer

Buch, Englisch, Band 202, 355 Seiten, Previously published in hardcover, Format (B × H): 155 mm x 235 mm, Gewicht: 569 g

Reihe: Beiträge zum ausländischen öffentlichen Recht und Völkerrecht

1. Objectives and Plan of the Study. 1 2. Literature Review. 9 3. Structure. 20 Part I. Multilateral Debt Relief for Heavily Indebted Poor Countries. 23 A. The Heavily Indebted Poor Countries Initiative (HIPC). 26 1. Concessional Assistance to Low-Income Countries. 26 2. The HIPC Framework. 30 2. 1. The Heavily Indebted Poor Country Initiative of 1996. 33 2. 2. The Cologne G-8 Summit of 1999 and HIPC II. 39 2. 3. Eligibility and Implementation under the Enhanced HIPC Framework. 43 3. What kind of debt is addressed by HIPC?. 48 4. HIPC Funding and Finances. 50 4. 1. The PRGF-HIPC Trust of the IMF. 51 4. 2. The World Bank HIPC Trust Fund. 57 4. 3. The IDA Debt Reduction Facility. 60 4. 4. HIPC Financing through Multilateral Creditors. 61 4. 5. Conclusion: Trust Fund Financing. 62 5. HIPC Proceedings. 63 B. Debt Relief under the G-8: The Multilateral Debt Relief Initiative (MDRI). 67 1. MDRI as Operational Successor of HIPC. 69 2. Subsequent Changes in Lending Policies. 74 C. Case Study: The Contemporary History of Debt Relief in Ghana. 77 1. Ghana’s History with Economic Aid. 80 2. Ghana’s Reform Process under HIPC.86 X Table of Content 2. 1. Implementation of the HIPC Framework. 89 2. 1. 1. Preliminary Documents. 97 2. 1. 2. Ghana Poverty Reduction Strategy. 98 2. 1. 3. Decision Point Document. 102 2. 1. 4. Ghana’s Completion Point. 104 2. 2. Donor Coordination under the Multi Donor Budgetary Support (MDBS).

Zielgruppe

Research

Autoren/Hrsg.

Guder, Leonie F.

Fachgebiete

• Sozialwissenschaften Politikwissenschaft Internationale Beziehungen Entwicklungspolitik, Nord-Süd Beziehungen
• Sozialwissenschaften Politikwissenschaft Internationale Beziehungen Internationale Organisationen und Institutionen
• Rechtswissenschaften Internationales Recht und Europarecht Internationales Recht Internationales Öffentliches Recht, Völkerrecht, Internationale Organisationen
• Rechtswissenschaften Internationales Recht und Europarecht Internationales Recht Internationales Handels-, Wirtschafts- und Gesellschaftsrecht

Inhaltsverzeichnis

Multilateral Debt Relief for Heavily Indebted Poor Countries.- Doctrinal Reconstruction of HIPC in a Public International Law Perspective.- Multilateral Debt Relief Under HIPC – global Governance Perspectives.- Issues of Legitimacy.- Conclusions.