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Metadata Glossary

CodeIQ.CPA.DEBT.XQ
Indicator NameCPIA debt policy rating (1=low to 6=high)
Long definitionDebt policy assesses whether the debt management strategy is conducive to minimizing budgetary risks and ensuring long-term debt sustainability.
SourceWorld Bank Group, CPIA database (http://www.worldbank.org/ida).
TopicPublic Sector: Policy & institutions
PeriodicityAnnual
Aggregation methodUnweighted average
Limitations and exceptionsThe CPIA exercise is intended to capture the quality of a country's policies and institutional arrangements, focusing on key elements that are within the country's control, rather than on outcomes (such as economic growth rates) that are influenced by events beyond the country's control. More specifically, the CPIA measures the extent to which a country's policy and institutional framework supports sustainable growth and poverty reduction and, consequently, the effective use of development assistance.
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