Who gets debt relief ? Nicolas Depetris Chauvin and Aart Kraay.
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Item type | Current library | Call number | Status | Notes | Date due | Barcode |
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Bangladesh Public Administration Training Centre Library General Reading Room | 336.3435 CHW 2006 (Browse shelf(Opens below)) | Available | Zahid | WB5458 |
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336.34094 EUR 1999 European Union accession : | 336.340981 LAM 1989 The market-based menu approach in action : | 336.3435 BII 1986 The international monetary system and the less developed countries / | 336.3435 CHW 2006 Who gets debt relief ? | 336.3435 DEV 1982 Development financing : | 336.3435 FOR 1993 Foreign debt and third world development/ | 336.3435 WOB 1992 Debt, adjustment, and poverty in developing countries / |
Title from PDF file as viewed on 9/6/2006.
Includes bibliographical references.
"The authors use preliminary results from an ongoing effort to construct estimates of debt relief to study its allocation across a sample of 62 low-income countries. They find some evidence that debt relief, particularly from multilateral creditors, has been allocated to countries with better policies in recent years. Somewhat surprisingly, conditional on per capita incomes and policy, more indebted countries are not much more likely to receive debt relief. But countries that have large debts especially to multilateral creditors are more likely to receive debt relief. The authors do not find much evidence that debt relief responds to shocks to GDP growth. Finally, most of the persistence in debt relief is driven by slowly changing country characteristics, indicating that it may be difficult for countries to "exit" from cycles of repeated debt relief. "--World Bank web site.
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