To lend or to grant: a critique of the IMF/World Bank approach

A working paper by a collection of international NGOs critiquing the proposed IMF/World Bank approaches to debt sustainability analysis for low-income countries. The paper presents both the positive outcomes of the new approach, as well as several potential downfalls that need to be addressed.
Produced by CAFOD, Trócaire, Oxfam and Action Aid International UK.

Download   Debt Sustainability Imf World Bank.pdf