Number: RL33073
Title: Debt Relief for Heavily Indebted Poor Countries: Issues for Congress
Authors: Martin Weiss, Foreign Affairs, Defense, and Trade Division 
Abstract: This report addresses the HIPC debt burden and the various debt relief initiatives, both bilateral and multilateral, that have been implemented and proposed. Following a brief background and a discussion of the economic literature on debt relief, this report addresses: (1) previous U.S. debt relief initiatives; (2) multilateral debt relief through the HIPC program; (3) the June 2005 G8 proposal for 100% debt cancellation; and (4) congressional action.
Pages: 31
Date: April 18, 2007