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Published in:
1989 | OriginalPaper | Chapter
Britain’s Debt Relief Programme
Author : George C. Abbott
Published in: Economic Development and World Debt
Publisher: Palgrave Macmillan UK
Included in: Professional Book Archive
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In a sense, the title of this paper is a misnomer, since Britain does not have a debt relief programme as such. In common with other developed countries, it has always resisted the idea of generalised debt relief or of incorporating debt cancellation as an integral part of its ongoing aid programmes. Rather, what it does have is a series of ad hoc measures and responses to requests for relief from individual countries. This remains its basic policy on debt relief.