Title
HIPC Initiative: Does debt forgiveness improve creditworthiness?,Used
Delivery time: 8-12 business days (International)
The Heavily Indebted Poor Countries (HIPC) Initiative boasts of the largest amounts of debt forgiveness in recent history. The program has received as much acclaim as it has criticism. Its efficacy in restoring access to credit markets for poor indebted countries has been doubted. This study examines the impact of debt forgiveness under the HIPC initiative on the sovereign credit ratings of the 32 countries who have received full irrevocable debt forgiveness as agreed under the program. Linking debt forgiveness and macroeconomic performance after mandatory HIPC structural adjustment, I find that debt forgiveness does not significantly impact Euromoney Sovereign Credit ratings possibly due in part to history and the persistent character of Sovereign Credit ratings.
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Shipping & Returns
Shipping
We ship your order within 2–3 business days for USA deliveries and 5–8 business days for international shipments. Once your package has been dispatched from our warehouse, you'll receive an email confirmation with a tracking number, allowing you to track the status of your delivery.
Returns
To facilitate a smooth return process, a Return Authorization (RA) Number is required for all returns. Returns without a valid RA number will be declined and may incur additional fees. You can request an RA number within 15 days of the original delivery date. For more details, please refer to our Return & Refund Policy page.
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Warranty
We provide a 2-year limited warranty, from the date of purchase for all our products.
If you believe you have received a defective product, or are experiencing any problems with your product, please contact us.
This warranty strictly does not cover damages that arose from negligence, misuse, wear and tear, or not in accordance with product instructions (dropping the product, etc.).
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Your payment information is processed securely. We do not store credit card details nor have access to your credit card information.
We accept payments with :
Visa, MasterCard, American Express, Paypal, Shopify Payments, Shop Pay and more.