Debt Relief

Debt relief or debt cancellation is the partial or total forgiveness of debt, or the slowing or stopping of debt growth, owed by individuals, corporations, or nations. From antiquity through the 19th century, it refers to domestic debts, in particular agricultural debts and freeing of debt slaves. In the late 20th century, it came to refer primarily to Third World debt, which started exploding with the Latin American debt crisis (Mexico 1983, etc.). In the early 21st century, it is of increased applicability to individuals in developed countries, due to credit bubbles and housing bubbles.

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Publications

Chatham House · 14 November 2024 English

A substantial gap exists between the amount of finance needed to achieve net zero in order to avert catastrophic impacts from climate change and the amount of finance available. The …

‘debt-for-climate swaps’ – in which a country receives debt relief in return for environmental commitments – will China) and private sector lenders. Thus, while debt relief could be the most effective way to deploy public


Systemiq · 14 November 2024 English

The analysis has also drawn heavily from a great body of work from partner organizations, notably the Climate Policy Initiative (CPI) Global Landscape of Climate Finance and Climate Finance Reform …

agenda to tackle debt distress in facilitate debt relief and include all process to address debt Sovereign


Cato Institute · 13 November 2024 English

After last week's presidential election victory by Donald Trump, perennial calls to end the US Department of Education grew louder. With Republicans gaining control of the US Senate, and possibly …

the Biden administration touted, from college debt relief to DEI, should also support the elimination of


World Bank Group · 13 November 2024 English

State building and state legitimacy in the states emerging from fragility are inseparable from the notion of social contract. Social contract is a dynamic agreement between the state and society, …

point’ in December 2023, ushering in sovereign debt relief from its creditors underpinning almost a decade December 13, 2023, which provided substantial debt relief, moving Somalia out of debt distress. However


ORF: Observer Research Foundation · 11 November 2024 English

Introduction The year 2015 was a landmark year in the history of international development, with the adoption of the Sustainable Development Goals (SDGs)— [a] the first global attempt to set …

criticised;40 the G20’s efforts to provide debt relief through the Debt Service Suspension Initiativei


IMF: International Monetary Fund · 8 November 2024 English

Growth gathered momentum in 2023 on the back of recovering external demand, but exchange rate depreciation continues and inflation remains persistently high. Labor and FX shortages are intensifying. Public debt …

critically relies on the continued extension of debt relief from China and, to a smaller extent proceeds


SWP: Stiftung Wissenschaft und Politik · 8 November 2024

Inhaltsverzeichnis > Horn von Afrika > Somalia > Äthiopien > Sudan > Südsudan > Tschad > Niger > Mali > Mauretanien / Mali > Sahel / Westafrika > Westafrika: ECOWAS …

Giving Voice to The Silent Debt Crisis - How Debt Relief Can Unlock Green Growth Pathways for Africa Bogolo


IMF: International Monetary Fund · 8 November 2024 English

This report summarizes findings from a Public Investment Management Assessment (PIMA) and the Climate Module (C-PIMA) conducted for Tajikistan. The assessment evaluated the country's public investment management practices, including their …

2000s and assistance through the Multilateral Debt Relief Initiative that saw debt-to-GDP drop to below


World Bank Group · 8 November 2024 English

This paper examines the implications of the IMF’s April 2024 macro-fiscal forecast updates on government health expenditure (GHE) across 170 economies through 2029, covering nearly all years remaining to achieve …

2019, and also higher than in 2000, when major debt relief efforts, such as the HIPC initiative, were underway


SUERF: SUERF The European Money and Finance Forum · 6 November 2024 English

Disclaimer: The views expressed in this Policy Brief are those of the authors and do not necessarily represent the views of the the National Bank of Belgium, Bank of Italy, …

and policy research has focused on sovereign debt relief and geoeconomic fragmentation. Dennis holds a


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