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Debt Dynamics and Contingency Financing: Theoretical Reappraisal of the HIPC Initiative
Machiko Nissanke and Benno Ferrarini  

This paper examines the debt dynamics of Highly Indebted Poor Countries (HIPCs) and identifies the key factors responsible for their protracted debt crisis.
May 25, 2002.
 
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  © International Development
Economics Associates 2002
 

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