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This article assesses the likelihood and costs of halving extreme poverty by 2015 from its 1990 levels in sixteen post-HIPC-MDRI countries. The projections indicate that, on average, this goal will be attained two years before the end date if they maintain an annual real per capita income growth...
Persistent link: https://www.econbiz.de/10012723197
This paper presents a dynamic heterogeneous panel data model in which the reaction the real exchange rate to external finance includes interactions with the measure of trade openness, fiscal, monetary and nominal exchange rate policies of twenty-four primary-exporting Sub-Saharan African...
Persistent link: https://www.econbiz.de/10012723202
The Enhanced HIPC Initiative was launched in 1999 to reduce the NPV of poor country foreign debt to a sustainable threshold of 150 percent of their exports. This paper applies a simple growth-with-debt model to sixteen post-completion point HIPCs to assess whether or not goal will be met by...
Persistent link: https://www.econbiz.de/10012723203