External Debt in Post-Conflict Countries

Arbeitspapier

In the development literature, there exists no systematic study of external borrowing in post-conflict countries. We address this gap by analyzing statistical and case study evidence from three African countries. We find that many war-affected countries face rising debt arrears and deteriorating relations with creditors. Rebuilding trust between lenders and borrowers is hence a crucial but often slow process. Furthermore, donors to war-affected African countries have been slow to grant exceptional debt relief based odious debt or on financial requirements. Debt relief for post-conflict reconstruction should embrace a more forward-looking and more generous conditionality.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: DIW Discussion Papers ; No. 613

Classification and Topics

• Classification: Wirtschaft
• Subject: post-conflict reconstruction ; debt ; HIPC ; aid ; institutions ; Africa

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Alvarez-Plata, Patricia ; Brück, Tilman
• Event: Veröffentlichung
• (who): Deutsches Institut für Wirtschaftsforschung (DIW)
• (where): Berlin
• (when): 2006

Further information

• Handle: http://hdl.handle.net/10419/18506
• Last update: 10.03.2025, 11:45 AM CET