International Finance

The Jubilee Act of 2005 would amend the International Financial Institutions Act to require the United States Secretary of the Treasury to proactively engage, within the Paris Club, the International Monetary Fund, the World Bank, and other international financial institutions to cancel all debts owed to each institution by 50 eligible poor countries.

Websites:

• International Monetary Fund
• World Bank

Books:

• The Administration of Debt Relief by the International Financial Institutions: A Legal Reconstruction of the Hipc Initiative - addresses the mechanisms of debt relief for Heavily Indebted Poor Countries (HIPC) jointly coordinated by the International Monetary Fund and the World Bank