Debt and Development: How to Provide Efficient, Effective Assistance to the World's Poorest Countries : Hearing Before the Subcommittee on Domestic and International Monetary Policy, Trade and Technology of the Committee on Financial Services, U.S. House of Representatives, One Hundred Ninth Congress, First Session, June 8, 2005, Volume 4 |
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Page 10
... debt cancellation and some of the other issues that Nancy highlighted . There are three main issues in financing ... Heavily Indebted Poor Country Program have doubled poverty reduction expenditures from 1999 to 2004 and saw no net ...
... debt cancellation and some of the other issues that Nancy highlighted . There are three main issues in financing ... Heavily Indebted Poor Country Program have doubled poverty reduction expenditures from 1999 to 2004 and saw no net ...
Page 11
... debt is particularly important , as it con- stitutes a growing and more ... poor countries and has not been accepted by the Bank and Fund . The U.S. and ... heavily indebted poor country scheme will be at a further loss . This is not ...
... debt is particularly important , as it con- stitutes a growing and more ... poor countries and has not been accepted by the Bank and Fund . The U.S. and ... heavily indebted poor country scheme will be at a further loss . This is not ...
Page 34
... debt relief to the 35 Heavily Indebted Poor Countries in Africa and Central America will be at the top of the agenda . Only yesterday it was reported that the United States , Britain and Canada have agreed on a proposal for 1 100 ...
... debt relief to the 35 Heavily Indebted Poor Countries in Africa and Central America will be at the top of the agenda . Only yesterday it was reported that the United States , Britain and Canada have agreed on a proposal for 1 100 ...
Page 39
... debt cancellation and sustainable development programs that will enable them to diversify their economies and avoid famines in the future . The limited debt relief available through the Heavily Indebted Poor Countries ( HIPC ) ...
... debt cancellation and sustainable development programs that will enable them to diversify their economies and avoid famines in the future . The limited debt relief available through the Heavily Indebted Poor Countries ( HIPC ) ...
Page 47
... ( Heavily Indebted Poor Country ) initiative . Since 1999 , the price of gold has risen ( by about 50 percent ) , easing the fears of gold producing countries , and the evidence has hardened that many countries , despite benefiting from debt ...
... ( Heavily Indebted Poor Country ) initiative . Since 1999 , the price of gold has risen ( by about 50 percent ) , easing the fears of gold producing countries , and the evidence has hardened that many countries , despite benefiting from debt ...
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Common terms and phrases
Africa African Development Bank aid flows Bank's BIGGERT billion borrowing Bretton Woods Committee budget capital capital flight Center for Global Congress costs creditors Deborah Pryce Debt and Development debt cancellation debt owed debt relief debt service developing countries developing world development assistance Development Bank domestic donors economic effective ensure finance FRANK funds Global Development gold sales governments grants Heavily Indebted Poor HIPC HIPC countries HIPC Initiative IBRD IMF debt IMF gold increase Indebted Poor Countries infrastructure international financial investment Jubilee USA Judy Biggert leadership lending loans Maloney MCNAMAR middle income Millennium Development Goals Ministers multilateral debt cancellation multilateral institutions Nancy Birdsall oil-backed bonds President private sector programs proposals recipient countries reduce rich countries Sony Kapoor Subcommittee tax havens Testimony of Nancy Thank Tony Blair transfer United USA Network World Bank world's poorest countries
Popular passages
Page 8 - I yield back the balance of my time. [The prepared statement of Hon. Carolyn B. Maloney can be found on page 33 in the appendix.] Chairman KING.
Page 43 - Committee on Financial Services Subcommittee on Domestic and International Monetary Policy, Trade and Technology "Matching Capital and Accountability — The Millennium Challenge Account...
Page 58 - We have the opportunity in the coming decade to cut world poverty by half. Billions more people could enjoy the fruits of the global economy. Tens of millions of lives can be saved. The practical solutions exist. The political framework is established. And for the first time. the cost is utterly affordable. Whatever one's motivation for attacking the crisis of extreme poverty — human rights. religious values. security, fiscal prudence, ideology — the solutions are the same. All that is needed...
Page 58 - The goals are: • to eradicate extreme poverty and hunger • to achieve universal primary education • to promote gender equality and empower women • to reduce child mortality • to improve maternal health • to combat HIV/Aids, malaria and other diseases • to ensure environmental sustainability • to develop a global partnership for development.
Page 60 - Debt sustainability should be redefined as the level of debt consistent with achieving the Millennium Development Goals, arriving in 2015 without a new debt overhang. For many heavily indebted poor countries, this will require 100 percent debt cancellation. For many heavily indebted middle-income countries, this will require more debt relief than has been on offer. For some poor countries left off the heavily indebted poor countries (HIPC) list, such as Nigeria, meeting the Goals will require significant...
Page 85 - STATEMENT OF RONALD W. DRACH before the SUBCOMMITTEE ON OVERSIGHT AND INVESTIGATIONS COMMITTEE ON VETERANS AFFAIRS US HOUSE OF REPRESENTATIVES July 29, 1999 Mr. Chairman and members of the Subcommittee: It is an honor and pleasure to be invited before you today to discuss the Department of Labor's (DOL) Veterans Employment and Training Service's (VETS) response to the report of the Commission on Servicemembers and Veterans Transition Assistance (Commission).
Page 9 - Members of the Subcommittee, I am very pleased to have this opportunity to speak to you about current US interests and foreign policy priorities in Southeast Asia.
Page 56 - Testimony before the House Subcommittee on Domestic and International Monetary Policy, Trade and Technology...
Page 59 - ... financing for development around the world, particularly in developing countries. Our goal is to eradicate poverty, achieve sustained economic growth and promote sustainable development as we advance to a fully inclusive and equitable global economic system. 2. We note with concern current estimates of dramatic shortfalls in resources required to achieve the internationally agreed development goals, including those contained in the United Nations Millennium Declaration.2 3.
Page 44 - Commission on Weak States and US National Security, On the Brink: Weak States and US National Security (Washington DC: Center for Global Development, 2004). 19 Robert Rotberg, "The New Nature of Nation-State Failure," Washington Quarterly Summer 2002: 93.