StudentShare solutions
Triangle menu

Critically examine the role of international credit in contemporary economies - Essay Example

Not dowloaded yet

Extract of sample
Critically examine the role of international credit in contemporary economies

2 Since September 24, 2001 ineligible due to overdue financial obligations to the PRGF Trust.
Table 1. Country Coverage of the MDRI


Eligible under the "MDRI-I Trust" (per-capita income at or below US$380) Eligible under the "MDRI-II Trust" (per-capita income above US$380)
Countries that have benefited from MDRI as of end-September, 2008
"Completion point" HIPCs: 23 countries that have reached the completion point under the Enhanced HIPC Initiative Burkina Faso, Ethiopia, The Gambia, Ghana, Madagascar, Malawi, Mali, Mozambique, Niger, Rwanda, So Tom and Prncipe, Sierra Leone, Tanzania, Uganda Benin, Bolivia, Cameroon,Guyana, Honduras, Mauritania, Nicaragua, Senegal, Zambia
Non-HIPC countries (2) with per capita income below US$380 and outstanding debt to the IMF Cambodia, Tajikistan
Countries that will be eligible once they reach the completion point under the Enhanced HIPC Initiative
"Decision point" HIPCs: 10 countries that have reached the decision point under the Enhanced HIPC Initiative Afghanistan, Burundi, Central African Republic, Chad, Democratic Republic of the Congo, Guinea-Bissau Guinea, Haiti, Republic of Congo
Liberia 1
8 additional countries may wish to be considered for HIPC debt relief. They met the income and indebtedness criteria based on end-2004 data.
Eritrea, Nepal, Togo Comoros, Cte d'Ivoire, Kyrgyz Republic, Sudan
Precise data on the per capita income of Somalia are not available at this juncture.

1 Liberia has no MDRI-eligible debt to the IMF but is expected to receive additional beyond-HIPC debt relief from the IMF to fully cover its remaining eligible debt outstanding at the...
"Decision point" HIPCs: 10 countries that have reached the decision point under the Enhanced HIPC Initiative Afghanistan, Burundi, Central African Republic, Chad, Democratic Republic of the Congo, Guinea-Bissau Guinea, Haiti, Republic of Congo
1 Liberia has no MDRI-eligible debt to the IMF but is expected to receive additional beyond-HIPC debt relief from the IMF to fully cover its remaining eligible debt outstanding at the completion point. ...Show more

Summary

1 During the World Bank's FY 2007, an exception to the GNI per capita operational cutoff for IDA eligibility (a 2007 GNI per capita of US$1,095) has been made for some small island economies; these countries continue to be eligible for PRGF and IDA assistance, notwithstanding their per capita income levels.
Author : garland06
Critically examine the role of international credit in contemporary economies essay example
Read Text Preview
Save Your Time for More Important Things
Let us write or edit the essay on your topic
"Critically examine the role of international credit in contemporary economies"
with a personal 20% discount.
Grab the best paper

Related Essays

THE ROLE OF LETTERS OF CREDIT IN INTERNATIONAL BUSINESSES
Letters of Credit as the Lifeline in International Business In a landmark ruling, Lord Justice Kerr stated that Letters of credit are the “lifeblood to international commerce” (Harbottle (Mercantile) Ltd V National Westminster Bank Ltd [1978] QB 14 6 155).
16 pages (4000 words) Essay
Considering the demands and contemporary requirements of your vocational or professional practice, critically examine how these
Vocation schools are sometimes referred to as technical schools and they differ from other college or school programs in that they target specific jobs such as dental hygiene, plumbing, hairstyling and mechanics among others. However not all trades can be learned through vocational training.
12 pages (3000 words) Essay
IPE (International political economies)
It takes into considerations the political and economic issues affecting the welfare of the international states through employing multidisciplinary and interdisciplinary approaches (Hobson 27). The IPE attempts to solve the related problems of international relations including political, economy and international trade issues.
6 pages (1500 words) Essay
Discuss critically contemporary international approaches (e.g. World Bank, Financial Stability Board) to consumer credit regulat
1-25). 17 Conclusions and Recommendations 18 References 20 Bibliography 29 Introduction Over the recent past decades, many reforms have been made in the paradigm of consumer credit laws around the world, such as the UK, Canada, Australia, the US and South Africa owing to the continually rising complexities witnessed in the modern business environment.
15 pages (3750 words) Essay
Reform of International Financial System
Urbanized and rising countries the same are currently more rendering to remarkable change in their outside caused by rapid variations in market response Balance of payments predicaments have turned out to be a recognizable, if un-appreciated, trait of the worldwide financial setting.
13 pages (3250 words) Essay
Identify and examine three ways that contemporary globilisation impacts on international relations
balisation around the world has been taking place gradually but continuously and has affected all countries globally no matter their level of development or their social or political cultures. The three main areas where globalisation has made its presence more intense are the
8 pages (2000 words) Essay
Critically examine the role of international credit in contemporary economies
In an open economy, different types of external assistance and foreign borrowing can play a role along with the associated problems of debt servicing. One may think of foreign assistance or international credit from different spheres:
8 pages (2000 words) Essay
Criticaly examin the role of international creadit in contemperoray economies
the risk management has integrated with todays credit market, and the role of risk manager has amplified, inclusive of insurance and cash management. International credit is possible through international skills i.e. diplomatic association. International credit plays pivotal
10 pages (2500 words) Essay
Contemporary issues in development finance
d economic imbalances that compels the expert to question on the sustainability of the world economy as a whole (Beck, Demirgüç-Kunt and Honohan, 2009). Moreover, whereas financial unrest and financial deregulations are creating huge divergence among the major economies in the
14 pages (3500 words) Essay
What is the role of British cinema Critically examine the contemporary British film industry with reference to ongoing debates about culture and commerce
It is also seen as a way to promote the British culture in the world arena. It is noteworthy that the major debate on the matter focuses on two primary aspects. These are financial
12 pages (3000 words) Essay
Get a custom paper written
by a pro under your requirements!
Win a special DISCOUNT!
Put in your e-mail and click the button with your lucky finger
Your email
YOUR PRIZE:
Apply my DISCOUNT
Comments (0)
Rate this paper:
Thank you! Your comment has been sent and will be posted after moderation