As the sovereign debt crisis in the Global South continues to unfold, the lack of involvement of multilateral development banks (MDBs) in debt relief efforts has become a contentious issue among major creditors. This report aims to contribute to the ongoing debate over debt relief negotiations and MDBs and makes policy recommendations how to include MDBs better in debt relief.
Heinrich-Böll-Stiftung, Schumannstr. 8, 10117 Berlin, Tel. 030-285340, Fax: 030-28534109, www.boell.de
Table of contents
The Case For MDB Involvement
Comparability of Treatment
Policy Options: How Could MDB Losses Be Covered?
Trade-Offs Between MDB Debt Haircuts And Additional Funding
Conclusion: Possible Ways Forward