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Long-Term Debt Sustainability in Low-Income Countries; The HIPC Initiative Revisited

Long-Term Debt Sustainability in Low-Income Countries; The HIPC Initiative Revisited
The publication is a collection of papers on the theme of Long-term Debt Sustainability for HIPC Countries. The papers are an analysis of the issues involved: the factors influencing long-term debt sustainability; Sustainable debt and poverty alleviation; lessons to be learnt from the current HIPC Initiative; and managing and measuring long-term debt sustainability. The publication should prove useful to policy-makers in both advanced and low-income countries and students.



Public Debt Management: Theory and History by Rudiger Dornbusch,
Public Debt Management: Theory and History by Rudiger Dornbusch,
This book from the Centre for Economic Policy Research collects theoretical, applied and historical research on the welfare economics of public debt; how inappropriate debt management can lead to funding crises; capital levies; debt consolidation; U.S. public debt history; political influences on debt accumulation; trade-offs between indexation and maturity; and confidence effects in a stochastic rational expectations framework.



Gross spread - Gross spread refers to the fees that underwriters receive for arranging and underwriting an offering of debt or equity securities. The gross spread for an initial public offering (IPO) can be as high as 7%, while the gross spread on a debt offering can be as low as 0.

Low G Man: The Low Gravity Man - Low G Man: The Low Gravity Man (or simply Low G Man) is video game produced for the Nintendo Entertainment System by Taxan in 1990.

Subordinated (debt) - Subordinated debt, also known as junior debt, is a finance term to describe debt that is unsecured or has a lesser priority than that of an additional debt claim on the same asset. This means that if the party that issued the debt defaults on it, people holding subordinated debt get paid after the holders of the "senior debt," and hence is more risky.

Alliance of Small Island States - Alliance of Small Island States (AOSIS) is a coalition of small island and low-lying coastal countries founded in 1990. The main purpose of the alliance is to consolidate the voices of small island developing states to address global climate change.



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