The Administration of Debt Relief by the International Financial Institutions: A Legal Reconstruction of the HIPC Initiative
Thursday, September 10th, 2009Product DescriptionThis study deals with the mechanisms for debt relief for heavily indebted poor countries (HIPC) are jointly coordinated by the International Monetary Fund and World Bank. It describes the contents of the HIPC program and classifies as a non-legally binding instrument under international law. A case of Ghana shows the HIPC process, highlights the implementation of the practice and provides insight into the cooperation between creditors and debtors HIPC. The study explains the process of coordination of creditors and the manner in which the IMF and World Bank …

