Economics at your fingertips  

15. L’endettement des pays à faible revenu et l’architecture financière internationale

Marc Raffinot

Reflets et perspectives de la vie économique, 2015, vol. n° 17, issue 2, 230-244

Abstract: The relationship between Bretton Woods Institutions (BWI) and Low Income Countries (LICS) is long term. Their financing is concessional, made of soft debt and grants. Even so, and even with advice and conditionalities, LICs experienced overindebtedness. After some twenty years of structural adjustment, LICs have been granted debt cancellation. BWI did not face sanctions for their failure. They now try to cope with the new borrowing of the LICs, which results in an increase, sometimes fast, of the debt ratios.

Date: 2015
References: Add references at CitEc
Citations: Track citations by RSS feed

Downloads: (external link) (application/pdf) (text/html)

Related works:
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:

Access Statistics for this article

More articles in Reflets et perspectives de la vie économique from De Boeck Université
Bibliographic data for series maintained by Jean-Baptiste de Vathaire ().

Page updated 2020-08-19
Handle: RePEc:cai:rpvedb:rce_017_0230