Second, the ECB could offer to provide special treatment secured financing on the new debt to make it attractive to investors.

It would be preferable to prepare one main report on financing for development, particularly on the system for financing the debt, which would include all the conclusions, and provide a coherent overview.

Finally, increasing financial leverage means that the firm uses more debt financing relative to equity financing.

In addition to estimating financing gaps and identifying the sources of financing (including different scenarios of debt rescheduling), DSA includes an analysis of debt dynamics to determine the stability of debt to GDP or debt to government revenue ratios.

Debtor countries pay substantial risk premiums for financing their government debt.

Developing countries also had to be given debt relief, including grant based financing and 100 per cent debt cancellation.

Still others argued that debt relief considered in the context of the internationally agreed development goals, including the Millennium Development Goals, had to be approached as part of the overall financing for development discussion, since debt relief was only one of a number of possible mechanisms to provide development financing.

Financial booms provide collateral that supports debt financed spending.

In all debt distressed countries, arrears on commercial bank debt have had an adverse impact on badly needed trade financing.

Questions related to the financing of Africa's development and debt were also discussed.

Additional financing was also needed to enable developing countries to achieve debt sustainability.

Debt relief should provide additional resources ODA budgets should not be used to finance bilateral debt relief.

We must also bear in mind the role that debt plays as a financing tool for development debt financing is appropriate only where there is a reasonable expectation that loans will be repaid.

In addition, progress in the work on trade, debt and financing issues was important.

The round table addressed the theme of ODA, innovative sources of financing and debt .

Clearly, current debt relief initiatives enable our countries to use precious resources for financing development, but they do not ensure our debt sustainability.

7. Emphasizes in this regard that debt relief does not replace other sources of financing

At the same time, China s corporate sector relies excessively on debt financing, rather than equity.

It seeks to provide comprehensive treatment of debt crisis countries by debt reduction in three stages rather than a simple rephasing of the debt servicing schedule.

It can also provide technical expertise to Arab policymakers on debt management.

Local bond markets provide alternative sources of financing for companies and Governments, which avoid exchange rate risks inherent to foreign financing.

But even debt financing would be better than no investment at all, given the deadweight losses.

Use more cheap debt, and equity becomes riskier and costlier, keeping overall financing costs the same.

Similarly, too big to fail banks would not care about the failure risk associated with debt financing.

Debt relief will open doors for the financing of critical projects in electric power, roads, and ports.

Debt relief could play a role in liberating resources, but should not replace other sources of financing.

Lecturer at the Seminar on Financing Third World Debt, Syracuse University College of Law, United States, 1977

12. UNDCP is examining proposals for engaging in debt conversion and is currently exploring the possibility of financing a project of integrated development from a debt reduction scheme.

As a result, they turned to land transfers and debt financing, exacerbating the problem of soft budget constraints.

Greece s recent financing package, overseen by the Troika, gave the country much less debt relief than it needed.

(g) Bolivia External debt and its influence in the eradication of poverty entailment with commerce, financing and poverty

For their part, developed countries must deliver on their pledges to boost financing for development and relieve debt.

International Conference on Financing for Development, Monterrey, Mexico, March 18 22, special focus on thematic issue International Debt.

Financing and the resulting debt posed the key challenge for economic growth and sustainable development in developing countries.

About one half of the sum is accounted for by debt rescheduling and other forms of special financing.

Reaffirming the Monterrey Consensus of the International Conference on Financing for Development, which recognizes sustainable debt financing as an important element for mobilizing resources for public and private investment,

Reaffirming the Monterrey Consensus of the International Conference on Financing for Development, which recognizes sustainable debt financing as an important element for mobilizing resources for public and private investment,

Donors must also increase official development assistance (ODA) and provide Africa with greater debt relief.

These are the only terms offered by the Paris Club that provide outright debt reduction.

They must also ensure that additional official financing and debt relief will not distort incentives or create moral hazard.

Several longer term innovative ideas for financing development to complement ODA, including debt for nature swaps, could be explored.

Innovative debt schemes could provide countries faced with staggering debt servicing obligations with adequate resources for specific development projects identified in their national development plans.

In addition, however, the international community should provide support by taking measures to overcome poverty, increase the volume and quality of development financing, create an equitable international trade system, reduce debt, remove environmental risks and solve demographic problems.

It will provide an ongoing source of fresh financing without impeding the development of air transport.

Donor financing and property taxes may be options to provide supplemental capital resources to such funds.