The idea of extending debt relief to the world?s poorest countries has been hotly debated over the past few years. That debate has moved into the glare of the spotlight now that Bono, lead-singer of the Grammy-award winning band U2, has begun an earnest campaign to marshal assistance through a series of meetings with top government officials and visits to needy countries. In keeping with its mission to analyze the latest trends in international economics, the Institute for International Economics has teamed up with a brand new think tank, the Center for Global Development (CGD) to produce a new study, Delivering on Debt Relief: From IMF Gold to a New Aid Architecture. This study brings readers up to date on the complicated and controversialsubject of debt relief for the poorest countries of the world. What has actually been achieved? Has debt relief provided truly additional resources to fight poverty? How will the design and timing of the "enhanced Highly Indebted Poor...

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