Buy custom Resolving the Debt Crisis of Low-Income Countries
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The targets should be set in
order to meet the MDGs. These plans should be designed in conjunction
with civil society, as part of the ongoing poverty reduction strategy
process.?The key U.N. agencies, including the UNDP, WHO, and UNICEF,
and the Bretton Woods institutions should support the countries in this
costing exercise, but they should also carry out independent estimates of
the countries' financing needs and incorporate those estimates into their
own key country strategy documents...
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For
most HIPCs, the objective evidence will support a complete cancellation
of debts, plus an increase in foreign assistance, all on a conditional basis
to ensure that the increased net resource flow in fact supports the desired
development objectives. The review panel could be convened under IMF
auspices, but the recommendations should not be subject to a vote by the
IMF's creditor-dominated executive board...
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Resolving the Debt Crisis of Low-Income Countries
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