Heavily Indebted Poor Countries

dependent on quick and peaceful elections. Over the last 10 years, economic performance has been poor, but since 2007, given greater political stability, the economy has shown some signs of improvement, and there have been positive results. These include the resumption of financial relations with multilateral donors following the government’s payment of arrears; the achievement of the Heavily Indebted Poor Countries (HIPC) initiative; and also a pre-agreement with the London Club. The economic implications

accountability in the public sector. The reforms initiated by the government won recognition last year when the World Bank and the IMF announced that Sierra Leone had made sufficient progress to qualify for debt relief under the enhanced Heavily Indebted Poor Countries (HIPC) Initiative. Effectively, 90 per cent of the country’s foreign debt has been written off, freeing up resources to be channelled into growth and poverty alleviation. As President Kabbah acknowledges, enormous challenges lie ahead

The rise of China in Africa: a curse or a blessing? Introduction China`s interest in Africa is far from recent. Its engagement in Africa`s Sub-Saharan countries is becoming a most significant and meaningful trend for the continent. It is a sign of the new “china fever” that over 200.000 Chinese are thought to be currently living in Africa , mainly, in Cameroon, Republic of Guinea, Zimbabwe, Angola, Nigeria, Ghana and even in Ivory Coast where there are existing political troubles. There are

travail du FMI, WP/00/44, Washington, avril 2000. [3] The Poverty Reduction and Growth Facility (PRGF) - Operational Issues» et Overview : Transforming the Enhanced Structural Adjustment Facility (ESAF) and the Debt Initiative for the Heavily Indebted Poor Countries (HIPCs), www.imf.org. [4] Progress in Strengthening the Architecture of the International Monetary System, http://www.imf.org/external/np/exr/facts/arc.guide.ht m et Guide to Progress in Strengthening of the International Financial

mondiale de mai 2000. 4Voir les notices explicatives «The Poverty Reduction and Growth Facility (PRGF) -- Operational Issues» et «Overview : Transforming the Enhanced Structural Adjustment Facility (ESAF) and the Debt Initiative for the Heavily Indebted Poor Countries (HIPCs)», qu'il est possible de consulter sur le site www.imf.org. 5Voir «Progress in Strengthening the Architecture of the International Monetary System » :http://www.imf.org/external/np/exr/facts/arc.guide.ht m et Guide to Progress

MONETARY FUND March 2009 • Volume 46 • Number 1 THE WORLD IN CRISIS Reshaping the Global Economy The economic and financial crisis marks the end (for now) of a rapid expansion of globalization Jean Pisani-Ferry and Indhira Santos Deep Impact Four countries confront the harsh and disruptive 8 effects of the global economic downturn Ukraine: David Hofman Singapore: Roberto Guimaraes and Alessandro Zanello Burkina Faso: Isabell Adenauer, Norbert Funke, and Charles Amo Yartey Ireland: Siobhán McPhee Trade

Discussion Paper 01013 July 2010 Strategies for Adapting to Climate Change in Rural Sub-Saharan Africa A Review of Data Sources, Poverty Reduction Strategy Programs (PRSPs) and National Adaptation Plans for Agriculture (NAPAs) in ASARECA Member Countries Jonathan Makau Nzuma Michael Waithaka Richard Mbithi Mulwa Miriam Kyotalimye Gerald Nelson Environment and Production Technology Division INTERNATIONAL FOOD POLICY RESEARCH INSTITUTE The International Food Policy Research Institute (IFPRI)

indépendants pour suivre l’avancement des initiatives adoptées à l’échelle internationale en vue d’appuyer le développement de l’Afrique, et pour établir des rapports à ce sujet29. 28 L'initiative pays pauvres très endettés (PPTE, HIPC Heavily Indebted Poor Countries en anglais), est une initiative qui vise à assister les pays les plus pauvres du monde en rendant leurs dettes internationales « soutenables ». Ce programme fut lancé par l'action conjointe du Fonds monétaire international (FMI) et

messages Economic activity in most developing countries has, or is close to having, recovered. Supported by a resurgence in international and domestic financial flows and higher commodity prices, most of the spare capacity in developing countries that was created by the crisis has been reabsorbed, and developing countries have regained trend growth rates close to those observed in the pre-crisis period. In contrast, the recovery in many highincome countries (and several economies in developing Europe

phénomène de la dette publique extérieure fait son apparition à la fin des années 1970 dans la plupart des pays en développement, et, au début ABSTRACT After decades 1960 and 1970 characterized by excellent economic performances which allowed the countries of the CEMAC, of which Cameroon and Congo-Brazzaville to obtain the economic, social and cultural infrastructures, appear at the beginning of the decade the 1980 insupportable economic difficulties. These difficulties result in a vertiginous fall