The IMF and Paris club debt rescheduling: A conflicting role?

Brown R.P.C. (1992) The IMF and Paris club debt rescheduling: A conflicting role?. Journal of International Development, 4 3: 291-313. doi:10.1002/jid.3380040304


Author Brown R.P.C.
Title The IMF and Paris club debt rescheduling: A conflicting role?
Journal name Journal of International Development   Check publisher's open access policy
ISSN 1099-1328
Publication date 1992-01-01
Sub-type Article (original research)
DOI 10.1002/jid.3380040304
Open Access Status Not yet assessed
Volume 4
Issue 3
Start page 291
End page 313
Total pages 23
Subject 3305 Geography, Planning and Development
3303 Development
Abstract The IMF has become increasingly involved in mediating debt rescheduling agreements between debtor countries and official creditors through its role in the Paris Club. This has coincided with increased ‘slippage’ and breakdown of IMF conditionality agreements, and a worsening ‘arrears problem’. After tracing the IMF's role in Paris Club rescheduling procedures, and drawing on recent experience in Egypt and Sudan, this paper argues that the IMF's role in existing debt rescheduling procedures undermines its capacity to perform its policy role, and exposes it to default, particularly by most heavily indebted ‘official borrowers’ of Sub‐Saharan Africa. Copyright
Q-Index Code C1
Institutional Status Unknown

Document type: Journal Article
Sub-type: Article (original research)
Collection: Scopus Import - Archived
 
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Created: Tue, 27 Sep 2016, 12:08:37 EST by System User