Iraq’s Debt Relief: Procedure and Potential Implications for International Debt Relief

Weiss, Martin A.

Library of Congress. Congressional Research Service.

关键词: Debt relief;    International finance;    Foreign loans -- Iraq;   

RP-ID  :  RL33376
RP-ID  :  RL33376_2011Mar29

美国|英语

来源: UNT Digital Library

【 摘 要 】

This report discusses the Iraqi debt problem in three parts: [1] overview of the Iraq debt situation following the ouster of the Saddam regime; [2] subsequent debt relief negotiations and their resolution; [3] possible implications for future debt relief cases that arise from Iraq's experience. The implications are: a willingness by the international community to grant a stay on the enforcement of creditor rights; an increased flexibility in Paris Club debt relief decisions; and an unwillingness by successor regimes to claim that their debt is odious and repudiate it.