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This review focuses on the design and implementation of the HIPC Initiative. The purpose is to assess the prospect of the Initiative achieving its intended immediate objectives - reducing debt to sustainable levels and creating the fiscal space for increased spending for poverty reduction - and the potential for contributing toward its underlying development goals - sustainable economic growth and poverty reduction.
Main report: 
Also available:
Précis - The HIPC Initiative: Progress and Prospects (also available in French, Portuguese and Spanish)
Reach - OED Review of The HIPC Initiative
Innovation in the Sovereign Debt Regime: From the Paris Club to Enhanced HIPC and Beyond (Working Paper)
The HIPC Initiative: The Goals, Additionality, Eligibility, and Debt Sustainability (Working Paper)
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