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Update - Debt Cancellation for Haiti: No Reason For Further Delays

Author

Listed:
  • Mark Weisbrot
  • Luis Sandoval

Abstract

This paper presents an update of CEPR’s December 2007 overview of Haiti’s outstanding foreign debt, and how much of this debt is scheduled to be canceled under Haiti’s participation in the International Monetary Fund (IMF) and World Bank’s Heavily Indebted Poor Countries (HIPC) initiative. It examines how soon Haiti may complete the HIPC process, and compares the benefits of debt cancellation for Haiti under HIPC versus expedited debt cancellation.

Suggested Citation

  • Mark Weisbrot & Luis Sandoval, 2008. "Update - Debt Cancellation for Haiti: No Reason For Further Delays," CEPR Reports and Issue Briefs 2008-34, Center for Economic and Policy Research (CEPR).
    • Handle: RePEc:epo:papers:2008-34
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    File URL: http://www.cepr.net/documents/publications/haiti-update-2008-12.pdf
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    More about this item

    Keywords

    Haiti; debt; third world debt; IMF; World Bank; debt cancellation;
    All these keywords.

    JEL classification:

    • F - International Economics
    • F3 - International Economics - - International Finance
    • F33 - International Economics - - International Finance - - - International Monetary Arrangements and Institutions
    • F34 - International Economics - - International Finance - - - International Lending and Debt Problems
    • O54 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Latin America; Caribbean

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