Tuesday, 19 April 2016

Debt Relief Under the Heavily Indebted Poor Countries (HIPC) Initiative

Think about why National Debt is a big problem for an LEDC country, despite the fact that as a percentage of GDP their debts are lower than most developed countries. Update yourself with the IMF's latest approach:

https://www.imf.org/external/np/exr/facts/hipc.htm

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