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|c 5.00 USD
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|z 9781498344043
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|a 2663-3493
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|a BD-DhAAL
|c BD-DhAAL
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|a International Monetary Fund.
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|a Public Debt Vulnerabilities in Low-Income Countries :
|b The Evolving Landscape.
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|a Washington, D.C. :
|b International Monetary Fund,
|c 2015.
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|a 1 online resource (59 pages)
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|a Policy Papers
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|a <strong>Off-Campus Access:</strong> No User ID or Password Required
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|a <strong>On-Campus Access:</strong> No User ID or Password Required
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|a Electronic access restricted to authorized BRAC University faculty, staff and students
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|a This is the first joint IMF/World Bank report on public debt vulnerabilities in low income countries (LICs). It examines debt-related developments and their underlying causes since the onset of the global financial crisis. The findings will inform the upcoming review of the IMF/WB debt sustainability framework for LICs. Over this period, improved macroeconomic performance in LICs, combined with HIPC/MDRI debt relief and high demand for commodities, contributed to improved LIC creditworthiness. At the same time, new borrowing opportunities emerged as a result of the accommodative liquidity conditions in international capital markets, the deepening of domestic financial markets for some LICs, and the growing lending activities of non-Paris Club countries. These new financing possibilities helped mitigate the decline in Paris Club lending to LICs and have been associated with a shift toward greater reliance on non-concessional credit. The changing financing landscape has been most significant for frontier LICs.
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|a Mode of access: Internet
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|a Policy Papers; Policy Paper ;
|v No. 2015/050
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|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/007/2015/050/007.2015.issue-050-en.xml
|z IMF e-Library
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