Kalonji, Kadima D.; Loko, Boileau; Nallari, Raj; … - International Monetary Fund (IMF) - 2003
This paper explores the relationship between external debt and poverty. A number of observers have argued that high … external indebtedness is a major cause of poverty. Using the first-differenced general method of moments (GMM) estimator, the … paper models the impact of external debt on poverty, measured by life expectancy, infant mortality, and gross primary …