Quel bilan tirer des initiatives d'annulation de la dette des pays pauvres très endettés ?

Marin Ferry

Revue d'économie financière, 2021, vol. N° 141, issue 1, 225-240

Abstract: The moratorium of April 2020 on debt service for poor countries (the Debt Service Standstill Initiative) has led to a certain resurgence of debates on debt relief initiatives for poor countries. However, and despite a multiplication of studies on the subject, their effects on the development of beneficiary countries are still relatively unclear, because of a lack of exposure but also and above all due to a lack of consensus. This article aims to describe the functioning of these initiatives, their objectives, and draws up an assessment of their impacts, twenty years after their implementation. While the effects on growth remain mixed for the time being, the literature has highlighted some positive effects of these debt relief programs on the public finances of recipient states and on certain human development indicators. The picture is therefore rather encouraging, but conceals some imperfections that will need to be corrected in the event of further debt cancellation. Classification JEL : E62, F34, F35, H63, O19, O23.

JEL-codes: E62 F34 F35 H63 O19 O23 (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.cairn.info/load_pdf.php?ID_ARTICLE=ECOFI_141_0225 (application/pdf)
http://www.cairn.info/revue-d-economie-financiere-2021-1-page-225.htm (text/html)
free

Related works:
Working Paper: Quel bilan tirer des initiatives d'annulation de la dette des pays pauvres très endettés ? (2021)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cai:refaef:ecofi_141_0225

Access Statistics for this article

More articles in Revue d'économie financière from Association d'économie financière
Bibliographic data for series maintained by Jean-Baptiste de Vathaire ().