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.

Advanced countries need credible medium term plans to stabilize and reduce public debt.

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.

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

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 .

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.

But Europeans, while having launched national recovery plans, remain unwilling to take on a similar debt risk.

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.

Europe s sovereign debt crisis is forcing tough choices, and the IMF s director must work on several contingency plans.

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.

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,

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.

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

Donors should leverage aid to grow the pie and to diversify financing sources for the world s poorest countries by providing risk guarantees, innovative investment vehicles, debt syndication, and co financing arrangements.

It would also reduce numerous efficiency reducing distortions in the US tax code, including substantial tax advantages for debt financing over equity financing and for non corporate businesses over corporate businesses.

The multidonor trust funds are an important source of financing for the recovery and development elements of the 2005 and 2006 work plans.

Likewise, they cannot fix debt overhangs, repair broken home financing, or address medium term fiscal reform challenges on their own.

Such contributions have been directed, in particular, to financing country projects in the areas of custom reform and debt management.

2. Emphasizes the special importance of a timely, effective, comprehensive and durable solution to the debt problems of developing countries, since debt financing and relief can contribute to economic growth and development

Of course, the various components of debt differ considerably in their character and sources of financing and thus in their sustainability.

It is certainly right, in principle, to argue that the banks should participate in financing the resolution of the debt crisis.

This dumping of US government debt by foreign investors heralds the end of an era of cheap financing for the US.

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

But China s total public debt, including off balance sheet local government financing vehicles, probably amounts to around 70 of GDP already.

There is a greater need for the countries to try to make debt finance a positive source of financing for development.

If foreign financing is not forthcoming, yields on US government debt will rise and the US economy will fall back into recession.

In reality, underinvestment and investment with debt financing are equivalent in one crucial respect they both transfer costs to a future cohort.

But, as local government debt grows, Chinese banks have begun to regard real estate and local financing platforms as a major credit risk.

The bank played an important role in financing Canada's war effort during World War II by printing money and buying the government's debt.

We support the movement towards debt forgiveness, and we also believe in the creative identification of alternative sources of financing aid for development.

Of course, the various components of debt differ considerably in their character and sources of financing and thus in their sustainability. But all parts of a country s total debt and how it is financed are interconnected.

What the market is saying is not that the economy has too much debt, but that it has too much private debt, which is why prices of corporate bonds are low and firms find financing expensive.

Emphasizes the special importance of a timely, effective, comprehensive and durable solution to the debt problems of developing countries, since debt financing and relief can be an important source of capital for economic growth and development

The Committee would be addressing several other issues requiring special attention, including external debt and debt problems of countries which did not belong to the HIPC group, financing for development, globalization and interdependence and international migration.

Rather than expecting adjustments of the financing mechanisms at the level of the organizations, the country specific plans should rely on resources already allocated to the country.

Options include international debt financing, domestic tax revenue and user fees, borrowing in domestic capital markets, and public private partnerships for water related investments.