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Debt relief for economics or debt relief for the people? : a critical analysis of the heavily indebted poor countries initiative
Thesis (MA)--Stellenbosch University, 2003.
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| Format: | Thesis |
| Language: | en_ZA |
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Stellenbosch : Stellenbosch University
2012
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| _version_ | 1867613814639296512 |
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| access_status_str | Open Access |
| author | Abendanon, Lucille |
| author2 | Nel, Philip |
| author_browse | Abendanon, Lucille Nel, Philip |
| author_facet | Nel, Philip Abendanon, Lucille |
| author_sort | Abendanon, Lucille |
| collection | Thesis |
| dc_rights_str_mv | Stellenbosch University |
| description | Thesis (MA)--Stellenbosch University, 2003. |
| format | Thesis |
| id | oai:scholar.sun.ac.za:10019.1/53347 |
| institution | Stellenbosch University (South Africa) |
| language | en_ZA |
| last_indexed | 2026-06-10T12:42:07.859Z |
| license_str | Other — see source repository |
| provenance_str_mv | Harvested via OAI-PMH from SUNScholar — Stellenbosch University Repository |
| publishDate | 2012 |
| publishDateRange | 2012 |
| publishDateSort | 2012 |
| publisher | Stellenbosch : Stellenbosch University |
| publisherStr | Stellenbosch : Stellenbosch University |
| record_format | dspace |
| source_str | SUNScholar — Stellenbosch University Repository |
| spelling | oai:scholar.sun.ac.za:10019.1/53347 Debt relief for economics or debt relief for the people? : a critical analysis of the heavily indebted poor countries initiative Abendanon, Lucille Nel, Philip Stellenbosch University. Faculty of Arts & Social Sciences. Dept. of Political Science. Debts, External -- Developing countries Poor -- Developing countries Economic assistance -- Developing countries Debt relief -- Developing countries Dissertations -- Political science Theses -- Political science Thesis (MA)--Stellenbosch University, 2003. ENGLISH ABSTRACT: The HIPC Initiative offers qualifying heavily indebted poor countries the opportunity to renege on their debt obligations in return for an emphatic commitment to poverty reduction and reform. This dissertation assesses the effectiveness of the HIPC Initiative in light of the fact that one third of the world's population continues to live on an average of US$1 per day. In evaluating the HIPC Initiative one simple question is posed: taking into consideration the abject poverty experienced by over a billion people in the developing world, and the urgency with which it must be addressed, is the HIPC Initiative extensive enough, deep enough or broad enough to effectively challenge worldwide poverty? Using quantitative and qualitative research methods, the dissertation investigates this question by examining the divergent points of view offered by the World Bank and IMF on the one hand, and NGOs on the other as they comment on the most hotly debated issues surrounding the effectiveness of the HIPC Initiative. The analysis leads us to an evaluation of the following issues: establishing debt sustainability to qualify for HIPC relief; the issue of conditionality and the use of poverty reduction strategy papers; funding the HIPC Initiative; the likelihood of HIPCs escaping the debt trap after HIPC relief; and finally, how the HIPC Initiative is contributing to attaining the Millennium Development Goals is evaluated. After probing the stances of the World Bank and IMF, and the contrasting views of NGOs the conclusions indicate that the HIPC Initiative is neither extensive, deep nor broad enough to effectively challenge poverty, or to provide indebted poor countries with a lasting escape from the burden of unsustainable debt. AFRIKAANSE OPSOMMING: Die Heavily Indebted Poor Countries (HIPC) Inisiatief bied aan arm lande met 'n groot skuldlas, wat kwalifiseer vir hulp, die geleentheid om hul skuldverpligtings af te las in ruil vir 'n definitiewe verbintenis tot armoede-vermindering en -hervorming. Hierdie verhandeling evalueer die doeltreffendheid van die HIPC Inisiatief teen die agtergrond van die feit dat een derde van die wêreld se bevolking op 'n gemiddelde van een Amerikaanse Dollar per dag oorleef. Hierdie evaluering van die HIPC Inisiatief stel 'n eenvoudige vraag: Is die HIPC Inisiatief voldoende en uitgebreid genoeg om die uitdaging van wêreldwye armoede aan te spreek indien 'n mens die uiterste armoede van meer as 'n biljoen mense in ontwikkelende gebiede in ag neem, sowel as die dringendheid waarmee dit aangespreek moet word? Deur van kwantitatiewe en kwalitatiewe navorsingsmetodes gebruik te maak, ondersoek die verhandeling hierdie vraag deur uiteenlopende gesigspunte van die Wêreldbank en die Internasionale Monitêre Fonds (IMF) aan die een kant, en Nie- Regerings Orginisasies (NRO's) s'n aan die ander kant, te ondersoek aan die hand van hul kommentaar op die belangrikste kwessies oor die doeltreffendheid van die HIPC Inisiatief. Hierdie ontleding lei tot 'n evaluering van die volgende kwessies: bepaling van lande se potensiaal om met terugbetalings vol te hou ten einde vir hulp deur die HIPC te kwalifiseer; die kwessie van voorwaardelikheid en die gebruik van armoedeverligtingstrategieë; befondsing van die HIPC Inisiatief; die moontlikheid dat die HIPC's die skuldstrikke na toepassing van HIPC-bystand sal ontsnap; en laastens, hoe die HIPC Inisiatief se bydrae tot die bereiking van die Millenium Ontwikkelingsdoelwitte geëvalueer word. Die standpunte van die Wêreld Bank en die IMF sowel as die teengestelde sienings van die NRO's word ondersoek. Die gevolgtrekking toon dat dat die HIPC Insiatief nie uitgebreid, diep of breed genoeg is om armoede doeltreffend hok te slaan nie, of om skuldlastige arm lande te help om finaal van hul skuldlas te ontsnap nie. Masters 2012-08-27T11:35:25Z 2012-08-27T11:35:25Z 2003-03 Thesis http://hdl.handle.net/10019.1/53347 en_ZA Stellenbosch University 119 p. : ill. application/pdf Stellenbosch : Stellenbosch University |
| spellingShingle | Debts, External -- Developing countries Poor -- Developing countries Economic assistance -- Developing countries Debt relief -- Developing countries Dissertations -- Political science Theses -- Political science Abendanon, Lucille Debt relief for economics or debt relief for the people? : a critical analysis of the heavily indebted poor countries initiative |
| title | Debt relief for economics or debt relief for the people? : a critical analysis of the heavily indebted poor countries initiative |
| title_full | Debt relief for economics or debt relief for the people? : a critical analysis of the heavily indebted poor countries initiative |
| title_fullStr | Debt relief for economics or debt relief for the people? : a critical analysis of the heavily indebted poor countries initiative |
| title_full_unstemmed | Debt relief for economics or debt relief for the people? : a critical analysis of the heavily indebted poor countries initiative |
| title_short | Debt relief for economics or debt relief for the people? : a critical analysis of the heavily indebted poor countries initiative |
| title_sort | debt relief for economics or debt relief for the people a critical analysis of the heavily indebted poor countries initiative |
| topic | Debts, External -- Developing countries Poor -- Developing countries Economic assistance -- Developing countries Debt relief -- Developing countries Dissertations -- Political science Theses -- Political science |
| url | http://hdl.handle.net/10019.1/53347 |
| work_keys_str_mv | AT abendanonlucille debtreliefforeconomicsordebtreliefforthepeopleacriticalanalysisoftheheavilyindebtedpoorcountriesinitiative |