Use of Debt Relief for the Education Sector in the DRC

  • Danny Cassimon
  • Tom De Herdt
  • Wim Marivoet
  • Karel VerbekeEmail author
Living reference work entry
DOI: https://doi.org/10.1007/978-3-319-31816-5_3398-1

Synonyms

Definition

Debt relief granted to a debtor government, such as in the case for the DRC, may result in more public resources available and, through the conditions attached to receiving the debt relief, can lead to increased social sector spending, in general, and higher education sector spending, in particular, and may also, given particular other conditions fulfilled, cause improved effectiveness of this spending in terms of improved outcome and impact indicators for education.

Introduction

On July 1, 2010, the Executive Boards of the IMF and World Bank jointly announced, under the so-called heavily indebted poor countries (HIPC) and multilateral debt relief initiatives (MDRI), to irrevocably grant the Democratic Republic of the Congo (DRC) external debt relief of about 12.3 billion USD (IMF 2010). Initiated in 1996, these debt relief programs basically aim to act as a mechanism to...

This is a preview of subscription content, log in to check access.

References

  1. Booth D (2011) Aid effectiveness: bringing country ownership (and politics) back in (Working paper no. 336). Overseas Development Institute, LondonGoogle Scholar
  2. Cassimon D, Essers D (2017) A chameleon called debt relief: aid modality equivalence of official debt relief. In: Biekpe N, Cassimon D, Mullineux A (eds) Development finance: innovations for sustainable growth. Palgrave Macmillan, London, pp 161–197CrossRefGoogle Scholar
  3. Gisselquist RM, Resnick D (2014) Aiding government effectiveness in developing countries. Public Adm Dev 34:141–148CrossRefGoogle Scholar
  4. IMF (2008) World Economic Outlook Database April 2008. Retrieved from http://www.imf.org/external/pubs/ft/weo/2008/01/weodata/index.aspx
  5. IMF (2010) Democratic Republic of the Congo: enhanced initiative for heavily indebted poor countries – completion point document and multilateral debt relief initiative paper (Report no. 10/360). International Monetary Fund, Washington, DCGoogle Scholar
  6. IMF (2014) World Economic Outlook Database October 2014. Retrieved from https://www.imf.org/external/pubs/ft/weo/2014/02/weodata/index.aspx
  7. IMF (2015) Debt relief under the Heavily Indebted Poor Countries (HIPC) initiative, IMF factsheet. Retrieved 17 Sept 2015, from www.imf.org/external/np/exr/facts/hipc.htm
  8. Marenin O (2014) Styles of policing and economic development in African States. Public Adm Dev 34:149–161CrossRefGoogle Scholar
  9. Marysse S, Tshiunza Mbiye O, De Herdt T, Cassimon D, Verbeke K, Visser M (2012) A clean slate – what next? Evaluation of debt relief to the Democratic Republic of Congo (2003–2010). Main Report. Ministry of Foreign Affairs, Policy and Operations Evaluation Department (IOB) and Kingdom of Belgium, Ministry of Foreign Affairs, Foreign trade and Development Cooperation, Special Evaluation Office (SEO), The HagueGoogle Scholar
  10. MEPSP (several years) Annuaire Statistique de l’Enseignement Primaire, Secondaire et Professionnelle. Ministère de l’Enseignement Primaire, Secondaire et Professionnelle, KinshasaGoogle Scholar
  11. République Démocratique du Congo (several years) Etats de Suivi Budgétaire (ESB). Ministère du budget, KinshasaGoogle Scholar
  12. République Démocratique du Congo (2008) Enquête 1-2-3, Résultats des Enquêtes sur l’Emploi et sur la Consommation des Ménages/2004–2005. République Démocratique du Congo, KinshasaGoogle Scholar
  13. République Démocratique du Congo (2014) Enquête 1-2-3, Résultats de l’Enquête sur l’Emploi, le Secteur Informel et sur la Consommation des Ménages/2012, Rapport Global Final. République Démocratique du Congo, KinshasaGoogle Scholar
  14. RTI International (2010) PAQUED: DRC EGRA Pilot for PAQUED Baseline Assessment, DRC. USAID, KinshasaGoogle Scholar
  15. Torrente C, Aber JL, Shivshanker A, Annan J, Bundervoet T (2011) Opportunités pour un accès plus équitable à une éducation de base de qualité (OPEQ), Rapport de l'évaluation initiale des habiletés fondamentales précoces en lecture/écriture et mathématiques et les données démographiques des élèves des écoles primaires de la province du Katanga, République démocratique du Congo. USAID, International Rescue Committee, New York University, KinshasaGoogle Scholar
  16. World Bank (2015) Democratic Republic of Congo: Education Sector Public Expenditure Review (PER), Rapport Final. The World Bank Group – Education, Washington, DCGoogle Scholar

Copyright information

© Springer Nature Switzerland AG 2018

Authors and Affiliations

  • Danny Cassimon
    • 1
  • Tom De Herdt
    • 1
  • Wim Marivoet
    • 2
  • Karel Verbeke
    • 1
    Email author
  1. 1.Institute of Development Policy (IOB)University of AntwerpAntwerpBelgium
  2. 2.West and Central Africa Office (WCAO)International Food Policy Research InstituteDakarSenegal