Publication
Sep 2006
This paper highlights trends in sovereign borrowing and discusses remaining institutional weaknesses of the sovereign debt regime. The author argues that relatively little has been done to improve the international architecture of debt and to ensure that all developing countries have adequate and sustainable access to debt financing for development. The paper concludes that the objective of change and innovation should be to ensure that developing countries can utilize debt financing for their development objectives in a sustainable way.
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English (PDF, 4 pages, 622 KB) |
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Author | Lauren Phillips |
Series | ODI Briefing Papers |
Issue | 10 |
Publisher | Overseas Development Institute (ODI) |
Copyright | © 2006 Overseas Development Institute (ODI) |