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Debt Sustainability and Sustainable Development in SIDS

In: Debt and Development in Small Island Developing States

Author

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  • Abdullahi Abdulkadri

Abstract

Increasing debt levels have a deleterious impact on the economies of nations, especially the developing countries, and it is arguably one of the most important factors that impede development and perpetuate poverty. In recognition of this, the international community has implemented a number of initiatives to help alleviate the debt burden of the most indebted poor countries with the expectation that debt relief will provide the macroeconomic environment conducive to a sustainable level of debt. However, poor countries are not the only ones with heavy debt burdens. Small Island Developing States (SIDS) are a group of countries with unique characteristics and common developmental challenges but different public debt experiences. Their uniqueness makes the attainment of sustainable development particularly challenging, although important, for the continued existence of most SIDS.

Suggested Citation

  • Abdullahi Abdulkadri, 2014. "Debt Sustainability and Sustainable Development in SIDS," Palgrave Macmillan Books, in: Debt and Development in Small Island Developing States, chapter 0, pages 219-238, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-137-39278-7_10
    DOI: 10.1057/9781137392787_10
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    Cited by:

    1. Most Asikha Aktar & Mu’ath Hesham Metlaq Al-Azzam & Md. Mahmudul Alam, 2021. "Fair Debts Management for Sustainable Development," Post-Print hal-03520105, HAL.

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