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Dynamic Fiscal Impact of The Debt Relief Initiatives on African Highly Indebted Poor Countries (HIPCs)

Van Campenhout, Bjorn; Raffinot, Marc; Ferry, Marin; … - Université Paris-Dauphine (Paris IX) - 2013

After two debt relief initiatives launched in 1996 (the Heavily Indebted Poor Countries, HIPC Initiative) and in 1999 (The enhanced HIPC initiative), the G7 decided to go further by cancelling the remaining multilateral debt for these HIPC countries through the Multilateral Debt Relief...

Persistent link: https://www.econbiz.de/10010861386

Africa: Out of debt, into fiscal space? Dynamic Fiscal Impact of the Debt Relief Initiatives on African Heavily Indebted Poor Countries (HIPCs)

Cassimon, Danny; Van Campenhout, Bjorn; Ferry, Marin; … - Université Paris-Dauphine (Paris IX) - 2015

After two debt relief initiatives launched in 1996 (the Heavily Indebted Poor Countries, HIPC Initiative) and in 1999 (The enhanced HIPC initiative), the G7 decided to go further by cancelling (most of) the remaining multilateral debt for these HIPC countries through the Multilateral Debt Relief...

Persistent link: https://www.econbiz.de/10011273984

The Poor Stay Poor: Non-Convergence Across Countries and Regions

Canova, Fabio; Marcet, Albert - C.E.P.R. Discussion Papers - 1995

We study the issue of income convergence across countries and regions with a Bayesian model which allows us to use … information in an efficient and flexible way. We argue that the very slow convergence rates to a common level of per-capita income … introduces in the results. Our approach permits the estimation of different convergence rates to different steady states for each …

Persistent link: https://www.econbiz.de/10005067447

Regional Policies and EU Enlargement

Boldrin, Michele; Canova, Fabio - C.E.P.R. Discussion Papers - 2003

examines what is the best way for candidate countries to fuel real convergence. The experience from earlier EU enlargements and … should be terminated as soon as possible. Second, labour and capital mobility are good for growth and economic convergence …

Persistent link: https://www.econbiz.de/10005789211

Introduction thématique : Réformes des finances publiques africaines et nouveaux dispositifs de l’aide et d’allègement de la dette : risques et opportunités

Raffinot, Marc; Mesplé-Somps, Sandrine; Hugounenq, Réjane - Université Paris-Dauphine (Paris IX) - 2007

Persistent link: https://www.econbiz.de/10010776486

Aide budgétaire : le cas du Burkina Faso

De Lucca, Florence; Raffinot, Marc - Université Paris-Dauphine (Paris IX) - 2007

Global Budget Support should contribute to give some sense to the national process of budget allocation. The case of Burkina Faso shows that progress has been made in this direction. Nevertheless, the links between strategies and budgetisation remain weak, namely because of budget dualism. The...

Persistent link: https://www.econbiz.de/10010776487

Crise mondiale et financement international du développement africain

Raffinot, Marc - Université Paris-Dauphine (Paris IX) - 2009

The international financial crisis is likely to produce very different impacts on the various African countries, depending on their degree of openness to commercial and financial flows. The volume of foreign flows is a matter of concern given that exports, loans, public grants and remittances...

Persistent link: https://www.econbiz.de/10011071984

Aide et financement du développement : des résultats insuffisants malgré de nombreuses évolutions

Raffinot, Marc - Université Paris-Dauphine (Paris IX) - 2010

Persistent link: https://www.econbiz.de/10011072610

Prêts ou dons. Commentaires

Raffinot, Marc - Université Paris-Dauphine (Paris IX) - 2006

Persistent link: https://www.econbiz.de/10011072845

La malédiction des anciens : efficacité de l’aide et gérontocratie

Venet, Baptiste; Raffinot, Marc - Université Paris-Dauphine (Paris IX) - 2008

In this paper we use a simple standard overlapping generations model to assess the impact of foreign aid. Donors are not able to modify the sharing out of aid between old and young in the recipient economy. This assumption is in line with the deference to the elders, which characterises the...

Persistent link: https://www.econbiz.de/10011073173