... DEBT SUSTAINABILITY FRAMEWORK FOR LOW INCOME COUNTRIES:
POLICY AND RESOURCE IMPLICATIONS
Paper submitted for the G-24 Technical Group Meeting
(Washington, D.C. September 2 7- 2 8 2004) ... short-
term debt to international reserves. Indicators of fiscal vulnerability
should also be estimated for all low income countries.
The PBA System
2
1
Debt...
...
DEBT SUSTAINABILITY FRAMEWORK FOR LOW INCOME COUNTRIES:
POLICY AND RESOURCE IMPLICATIONS
Paper submitted for the G-24 Technical Group Meeting
(Washington, D.C. September 2 7- 2 8 2004) ...
2
d) Total Debt Service Ratio is the proportion of exports of goods and
non- factor services that are absorbed for debt service payments on both
long and sho...
... DEBT SUSTAINABILITY FRAMEWORK FOR LOW INCOME COUNTRIES:
POLICY AND RESOURCE IMPLICATIONS
Paper submitted for the G-24 Technical Group Meeting
(Washington, D.C. September 2 7- 2 8 2004) ... of why countries with similar
institutional and policy performance as judged by the CPIA and similar
per capita income levels receive IDA allocations on different t...
... DEBT SUSTAINABILITY FRAMEWORK FOR LOW INCOME COUNTRIES:
POLICY AND RESOURCE IMPLICATIONS
Paper submitted for the G-24 Technical Group Meeting
(Washington, D.C. September 2 7- 2 8 2004) ... of why countries with similar
institutional and policy performance as judged by the CPIA and similar
per capita income levels receive IDA allocations on different t...
... DEBT SUSTAINABILITY FRAMEWORK FOR LOW INCOME COUNTRIES:
POLICY AND RESOURCE IMPLICATIONS
Paper submitted for the G-24 Technical Group Meeting
(Washington, D.C. September 2 7- 2 8 2004) ... solid basis for the
international community, in general, and IDA, in particular, to allocate
credits and grants to low- income countries in ways that foster debt...
... DEBT SUSTAINABILITY FRAMEWORK FOR LOW INCOME COUNTRIES:
POLICY AND RESOURCE IMPLICATIONS
Paper submitted for the G-24 Technical Group Meeting
(Washington, D.C. September 2 7- 2 8 2004) ... Debt Sustainability in Low Income Countries, Allen and Nankani, IMF &
IDA, February 2004.
12. Debt Sustainability and Financing Terms in IDA 14, IDA, Jun...
... DEBT SUSTAINABILITY FRAMEWORK FOR LOW INCOME COUNTRIES:
POLICY AND RESOURCE IMPLICATIONS
Paper submitted for the G-24 Technical Group Meeting
(Washington, D.C. September 2 7- 2 8 2004) ...
CONTENTS
Executive Summary
Introduction 1
Debt Sustainability and Debt Indicators 2
Debt Sustainability Framework 6
Debt Distress 7
Performance Based Al...
... DEBT SUSTAINABILITY FRAMEWORK FOR LOW INCOME COUNTRIES:
POLICY AND RESOURCE IMPLICATIONS
Paper submitted for the G-24 Technical Group Meeting
(Washington, D.C. September 2 7- 2 8 2004) ... in Low Income Countries: Proposal for an Operational Framework and Policy
Implications by Mark Allen and Gobind Nankani, IMF and IDA, February 3, 2004.
3...
... DEBT SUSTAINABILITY FRAMEWORK FOR LOW INCOME COUNTRIES:
POLICY AND RESOURCE IMPLICATIONS
Paper submitted for the G-24 Technical Group Meeting
(Washington, D.C. September 2 7- 2 8 2004) ... important for
assessing a country’s debt sustainability. In particular, country policies
and institutional capability are used to grade countries and determine
dif...
... DEBT SUSTAINABILITY FRAMEWORK FOR LOW INCOME COUNTRIES:
POLICY AND RESOURCE IMPLICATIONS
Paper submitted for the G-24 Technical Group Meeting
(Washington, D.C. September 2 7- 2 8 2004) ... divide up the funds available for
low- income countries that includes “need” (income per capita) and
“performance.” For the fiscal years 2003 to 2005, the Bank mad...