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Helping the Poor to Help Themselves: Debt Relief or Aid?

Serkan Arslanalp and Peter Blair Henry

in Sovereign Debt at the Crossroads: Challenges and Proposals for Resolving the Third World Debt Crisis

Published in print:
2006
Published Online:
May 2006
ISBN:
9780195168006
eISBN:
9780199783458
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0195168003.003.0009
Subject:
Economics and Finance, Development, Growth, and Environmental

This chapter discusses the central economic question of debt relief: does debt relief work to promote economic growth? This seemingly straightforward question — often taken for granted by debt ... More


Dealing Comprehensively, and Justly, with Sovereign Debt

Jack Boorman

in Sovereign Debt at the Crossroads: Challenges and Proposals for Resolving the Third World Debt Crisis

Published in print:
2006
Published Online:
May 2006
ISBN:
9780195168006
eISBN:
9780199783458
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0195168003.003.0012
Subject:
Economics and Finance, Development, Growth, and Environmental

This chapter discusses ideas for resolving debt crises. It argues that a narrow focus on debt relief in HIPCs is insufficient and that the activist community and lenders must look to finding broader ... More


The Legal Case for Debt Repudiation

Chris Jochnick

in Sovereign Debt at the Crossroads: Challenges and Proposals for Resolving the Third World Debt Crisis

Published in print:
2006
Published Online:
May 2006
ISBN:
9780195168006
eISBN:
9780199783458
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0195168003.003.0007
Subject:
Economics and Finance, Development, Growth, and Environmental

This chapter briefly describes the tremendous social and economic costs of overindebtedness and the role of Northern creditors and governments in solving debt problems. It then sets forth legal ... More


The Jubilee 2000 Campaign: A Brief Overview

Ann Pettifor

in Sovereign Debt at the Crossroads: Challenges and Proposals for Resolving the Third World Debt Crisis

Published in print:
2006
Published Online:
May 2006
ISBN:
9780195168006
eISBN:
9780199783458
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0195168003.003.0015
Subject:
Economics and Finance, Development, Growth, and Environmental

This chapter describes what is perhaps the most powerful innovation for achieving debt relief for the poor since the mid-1990s: the mobilization of civil societies. The Jubilee 2000 movement was ... More


International Borrowing

RUMU SARKAR

in International Development Law: Rule of Law, Human Rights, and Global Finance

Published in print:
2009
Published Online:
February 2010
ISBN:
9780195398281
eISBN:
9780199866366
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195398281.003.005
Subject:
Law, Human Rights and Immigration, Public International Law

This chapter explains the international financial architecture supporting the financing of international development. It examines the international borrowing practices of sovereign states, and ... More


Ethiopian Debt Policy: The Long Road from Paris Club to the MDGs

Matthew Martin

in Overcoming Developing Country Debt Crises

Published in print:
2010
Published Online:
May 2010
ISBN:
9780199578788
eISBN:
9780191723049
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199578788.003.0010
Subject:
Economics and Finance, Macro- and Monetary Economics, Development, Growth, and Environmental

This chapter takes us through the revealing case in point of how Ethiopia's debt burden was lifted. It traces the laborious process that the government underwent in eight separate debt renegotiation ... More


Debt Relief in Low‐Income Countries: Background, Evolution, and Effects

Graham Bird and Robert Powell

in Finance, Development, and the IMF

Published in print:
2009
Published Online:
September 2009
ISBN:
9780199239863
eISBN:
9780191716805
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199239863.003.0009
Subject:
Economics and Finance, Financial Economics, Development, Growth, and Environmental

The conventional modalities for providing financial assistance to low-income countries have been foreign aid and debt relief. Although some attention has been paid to establishing new methods of ... More


Debt Management and Debt Relief 1

Damoni Kitabire

in Uganda's Economic Reforms: Insider Accounts

Published in print:
2009
Published Online:
February 2010
ISBN:
9780199556229
eISBN:
9780191721823
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199556229.003.0012
Subject:
Economics and Finance, Macro- and Monetary Economics, Development, Growth, and Environmental

This chapter shows how the rapid accumulation of debt from 1986 led to a debt crisis in 1990. It discusses the debt management strategies adopted following the crisis to ensure that it would not ... More


Widening the Circle, Narrowing the Outcome: The 1997 Asian Financial Crisis

Kathryn C. Lavelle

in Legislating International Organization: The US Congress, the IMF, and the World Bank

Published in print:
2011
Published Online:
January 2012
ISBN:
9780199765348
eISBN:
9780199918959
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199765348.003.0006
Subject:
Political Science, International Relations and Politics

This chapter considers the moral hazard stage of the relationship between Congress and the IMF and World Bank. The chief exogenous shocks came from the 1995 Mexican peso crisis and 1997 Asian ... More


Uganda's Economic Reforms: Insider Accounts

Florence Kuteesa, Emmanuel Tumusiime-Mutebile, Alan Whitworth, and Tim Williamson (eds)

Published in print:
2009
Published Online:
February 2010
ISBN:
9780199556229
eISBN:
9780191721823
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199556229.001.0001
Subject:
Economics and Finance, Macro- and Monetary Economics, Development, Growth, and Environmental

Following fifteen years of Idi Amin, war and civil war, the Ugandan economy was in ruins by the time peace was restored in 1986. Since then Uganda has consistently been one of the fastest growing ... More


A Matter of Life and Debt

David M. Webber

in Global Statesman: How Gordon Brown Took New Labour to the World

Published in print:
2017
Published Online:
May 2018
ISBN:
9781474423564
eISBN:
9781474438384
Item type:
chapter
Publisher:
Edinburgh University Press
DOI:
10.3366/edinburgh/9781474423564.003.0005
Subject:
Political Science, UK Politics

The first of these case study chapters in chapter 5 draws parallels between the economic framework designed by Treasury officials at home and ‘the new international economic architecture’ that Gordon ... More


Why the Code of Conduct for Resolving Sovereign Debt Crises Falls Short

Barry Herman

in Overcoming Developing Country Debt Crises

Published in print:
2010
Published Online:
May 2010
ISBN:
9780199578788
eISBN:
9780191723049
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199578788.003.0014
Subject:
Economics and Finance, Macro- and Monetary Economics, Development, Growth, and Environmental

This chapter turns our attention to a reform initiative driven by the private financial community in the form of a voluntary code of good conduct that would informally pressure the debtor countries ... More


Social Change and the Transition from the Third Dynasty of Ur to the Old Babylonian Kingdoms c.2112–1595 bce

Tonia Sharlach

in Regime Change in the Ancient Near East and Egypt: From Sargon of Agade to Saddam Hussein

Published in print:
2007
Published Online:
January 2012
ISBN:
9780197263907
eISBN:
9780191734687
Item type:
chapter
Publisher:
British Academy
DOI:
10.5871/bacad/9780197263907.003.0004
Subject:
Classical Studies, Asian and Middle Eastern History: BCE to 500CE

This chapter examines the social change associated with the transition from the Third Dynasty of Ur to the Old Babylonian Kingdoms in ancient Mesopotamia during the period from c.2112 to 1595 BCE. It ... More


Overview of Ugandan Economic Reform since 1986

Alan Whitworth and Tim Williamson

in Uganda's Economic Reforms: Insider Accounts

Published in print:
2009
Published Online:
February 2010
ISBN:
9780199556229
eISBN:
9780191721823
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199556229.003.0001
Subject:
Economics and Finance, Macro- and Monetary Economics, Development, Growth, and Environmental

This synthesis chapter draws out the main findings from the individual chapters. After much agonizing over the direction of economic policy, three fundamental reforms between 1990 and 1992 ... More


Turkey: Globalization, Distribution and Social Policy, 1980–1998

Korkut Boratav, A. Erinc Yeldan, and Ahmet H. Köse

in External Liberalization, Economic Performance and Social Policy

Published in print:
2001
Published Online:
September 2007
ISBN:
9780195145465
eISBN:
9780199783960
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195145465.003.0010
Subject:
Economics and Finance, International

Turkey initiated its long process of integration with the world commodity and financial markets in 1980, and the successive stages of liberalization have been surveyed and are overviewed here. Since ... More


The Banks and Civil Society

in Behind the Development Banks: Washington Politics, World Poverty, and the Wealth of Nations

Published in print:
2009
Published Online:
March 2013
ISBN:
9780226033648
eISBN:
9780226033679
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226033679.003.0008
Subject:
Political Science, Political Economy

This chapter explores how increased congressional activism in the banks created an opening for civil society groups to shape U.S. policy toward them, emphasizing on human rights in the 1970s, the ... More


Poverty Reduction Strategy Papers: Bold New Approach to Poverty Eradication or Old Wine in New Bottles?

Sarah Wamala, Ichiro Kawachi, and Besinati Phiri Mpepo

in Globalization and Health

Published in print:
2006
Published Online:
September 2009
ISBN:
9780195172997
eISBN:
9780199865659
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780195172997.003.0014
Subject:
Public Health and Epidemiology, Public Health, Epidemiology

This chapter focuses on poverty reduction strategy papers (PRSPs). PRSPs were introduced by the World Bank and International Monetary Fund (IMF) in September 1999 as a new requirement for countries ... More


“Hard Times Is the Cry”: Debt in Populist Thought in North Carolina

David Silkenat

in Populism in the South Revisited: New Interpretations and New Departures

Published in print:
2012
Published Online:
March 2014
ISBN:
9781617032257
eISBN:
9781617032332
Item type:
chapter
Publisher:
University Press of Mississippi
DOI:
10.14325/mississippi/9781617032257.003.0005
Subject:
History, Political History

This chapter focuses on North Carolina, the one state where the Populists achieved statewide power, to determine how the Populists saw the issue of debt and how debt influenced Populist attempts to ... More


Public Finances of Special Category States

Govind Bhattacharjee

in Special Category States of India

Published in print:
2016
Published Online:
April 2016
ISBN:
9780199460830
eISBN:
9780199086528
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199460830.003.0010
Subject:
Political Science, Indian Politics

This chapter contains detailed analysis of public finances of the special category states during the ten year period i.e., 2000– 01 to 2010–11, in order to assess the impact of sustained Central ... More


Aid Flows and Commodity Prices

Mohammad A. Razzaque, Philip Osafa‐Kwaako, and Roman Grynberg

in Commodity Prices and Development

Published in print:
2007
Published Online:
January 2008
ISBN:
9780199234707
eISBN:
9780191715488
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199234707.003.0011
Subject:
Economics and Finance, Development, Growth, and Environmental

This final chapter argues for a comprehensive approach to the commodity problem with the help of increased aid flow, debt relief, diversification, and trade preferences.


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