together the literature that links external debt with income growth and poverty. The main conclusion is that once the effect of …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 …

This paper proposes a new quality of growth index (QGI) for developing countries. The index encompasses both the … intrinsic nature and social dimensions of growth, and is computed for over 90 countries for the period 1990-2011. The approach … is premised on the fact that not all growth is created equal in terms of social outcomes, and that it does matter how one …