Debt Sustainability in Low-Income Countries - Further Considerations on an Operational Framework and Policy Implications

Debt Sustainability in Low-Income Countries - Further Considerations on an Operational Framework and Policy Implications
Volume/Issue: Volume 2004 Issue 041
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Business and Economics , Banks and Banking , Exports and Imports , PP , debt distress , debt-service ratio , Bank vis-à-vis country , debt management , distress classification , IDA deputy , policy performance , debt sustainability , Fund staff , discount rate , Debt sustainability , Debt sustainability analysis , Debt service ratios , Debt service , Global

Summary

This paper seeks to address queries on several operational issues: (i) the robustness of the indicative thresholds; (ii) modalities for implementing DSAs; and (iii) operational implications for the Fund, Bank, and other international financial institutions and creditors.