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Book Synopsis Pathways Through the Silent Crisis by :
Download or read book Pathways Through the Silent Crisis written by and published by . This book was released on 2017 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The IMF and with challenges deepening over the period 2000- the World Bank, for example, suggest a public debt 2015 and likely to deepen further in the future, ratio above 60 percent of GDP as one measure of notwithstanding fiscal efforts and debt restructuring unsustainable debt. [...] For these countries, the transformative promise of the 2030 Agenda for Sustainable Development and the Sustainable Development Goals (SDGs) - as an Debt in Caribbean Small opportunity to break the cycle of high debt, build resilience, invest in infrastructure and achieve higher States: Unsustainable and levels of growth - will remain a chimera, achievable only through a rapid scaling up of new inv [...] Small states are largely the period 2000-2015, the first part applies IMF- concentrated in three regions: the Caribbean (13 World Bank debt and debt service sustainability countries), the Pacific (11) and SSA (13), with other measures to review and compare the sustainability small states located in Europe, South and East Asia, of debt and debt servicing among 39 Caribbean, the Middle East and Nort [...] Collectively, debt following their peak of over 120 percent of GDP levels in the region exceeded the IMF-World in 2001, reflecting the impact of the HIPC and MDRI multilateral debt relief initiatives, which benefited four small states in SSA.5 In 2014, public debt across Caribbean small states was, on average, 160 percent of the average level of small states in SSA. [...] Figure 6: External Debt Service (Percentage of Exports of Goods, Services and Income), The scale of the challenge is also masked by the 2008 and 2013 fact that during the period 2000-2013, 10 Caribbean countries underwent debt restructuring operations, with most occurring in the period 2005-2012, and 30% with most contributing to reducing debt servicing.