Robbing Peter to Pay Paul? Understanding Who Pays for Debt Relief

This paper analyzes the distributional impacts of recent debt relief initiatives among four groups of countries: the heavily indebted poor countries (HIPCs), the other IDA-eligible countries, the non-IDA developing countries, and the industrialized countries. The distributional impacts are subject t...

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Main Authors: Gunter, Bernhard G., Rahman, Jesmin, Wodon, Quentin
Format: Journal Article
Language:EN
Published: 2012
Subjects:
Online Access:http://hdl.handle.net/10986/5810
id okr-10986-5810
recordtype oai_dc
spelling okr-10986-58102021-04-23T14:02:23Z Robbing Peter to Pay Paul? Understanding Who Pays for Debt Relief Gunter, Bernhard G. Rahman, Jesmin Wodon, Quentin International Lending and Debt Problems F340 International Linkages to Development Role of International Organizations O190 This paper analyzes the distributional impacts of recent debt relief initiatives among four groups of countries: the heavily indebted poor countries (HIPCs), the other IDA-eligible countries, the non-IDA developing countries, and the industrialized countries. The distributional impacts are subject to two major questions: (a) is debt relief additional to donors' traditional aid budgets? and (b) will donors make reallocations of their traditional aid budgets to HIPCs due to debt relief provided to them? The paper's analytical framework then establishes certain benchmark scenarios for the two previous questions which allows to approximate some realistic outcomes and to draw some policy recommendations. 2012-03-30T07:34:39Z 2012-03-30T07:34:39Z 2008 Journal Article World Development 0305750X http://hdl.handle.net/10986/5810 EN http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank Journal Article
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language EN
topic International Lending and Debt Problems F340
International Linkages to Development
Role of International Organizations O190
spellingShingle International Lending and Debt Problems F340
International Linkages to Development
Role of International Organizations O190
Gunter, Bernhard G.
Rahman, Jesmin
Wodon, Quentin
Robbing Peter to Pay Paul? Understanding Who Pays for Debt Relief
relation http://creativecommons.org/licenses/by-nc-nd/3.0/igo
description This paper analyzes the distributional impacts of recent debt relief initiatives among four groups of countries: the heavily indebted poor countries (HIPCs), the other IDA-eligible countries, the non-IDA developing countries, and the industrialized countries. The distributional impacts are subject to two major questions: (a) is debt relief additional to donors' traditional aid budgets? and (b) will donors make reallocations of their traditional aid budgets to HIPCs due to debt relief provided to them? The paper's analytical framework then establishes certain benchmark scenarios for the two previous questions which allows to approximate some realistic outcomes and to draw some policy recommendations.
format Journal Article
author Gunter, Bernhard G.
Rahman, Jesmin
Wodon, Quentin
author_facet Gunter, Bernhard G.
Rahman, Jesmin
Wodon, Quentin
author_sort Gunter, Bernhard G.
title Robbing Peter to Pay Paul? Understanding Who Pays for Debt Relief
title_short Robbing Peter to Pay Paul? Understanding Who Pays for Debt Relief
title_full Robbing Peter to Pay Paul? Understanding Who Pays for Debt Relief
title_fullStr Robbing Peter to Pay Paul? Understanding Who Pays for Debt Relief
title_full_unstemmed Robbing Peter to Pay Paul? Understanding Who Pays for Debt Relief
title_sort robbing peter to pay paul? understanding who pays for debt relief
publishDate 2012
url http://hdl.handle.net/10986/5810
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