1. "The IMF and World Bank hurt poor countries and undermine de
... eligibility criteria which, required countries to have unsustainable external debts which had not managed to be solved by the more traditional debt relief mechanisms. The initiative classified debt sustainability by a net present value (NPV) debt to export ratio of 200-250 per cent. Secondly, in order to be eligible for HIPC, countries had to be classified as poor, meaning that the ... ...
- Word Count: 2437
- Approx Pages: 10
- Grade Level: Graduate