Showing 1 - 10 of 268
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 …
Persistent link: https://www.econbiz.de/10005605193
poverty and inequality in India during the pandemic. We have three main findings. First, India has made significant progress … in reducing poverty in recent decades, but the economic downturn associated with the COVID-19 pandemic is estimated to … have temporarily increased poverty and inequality. Second, education and employment status seem to be the main factors …
Persistent link: https://www.econbiz.de/10015059249
The paper presents estimates of poverty [extreme poverty PPP$1.9 and PPP$3.2] and consumption inequality in India for …-kind food subsides on poverty and inequality. Extreme poverty was as low as 0.8 percent in the pre-pandemic year 2019, and food …
Persistent link: https://www.econbiz.de/10015060515
outcomes. It finds that while poverty has fallen across the region over the last two decades, inequality has increased …, dampening the impact of growth on poverty reduction. As a result, relative to other emerging and developing regions and to Asia …
Persistent link: https://www.econbiz.de/10014409435
Despite substantial debt relief to HIPC Initiative completion point countries, long-term debt sustainability remains a challenge. This paper examines a number of structural factors affecting external debt sustainability. It shows that in HIPC completion point countries (i) the export base...
Persistent link: https://www.econbiz.de/10012677794
spending. For poverty reduction, HIPC relief is important but broader international support is needed. The paper maintains that …
Persistent link: https://www.econbiz.de/10005264094
The effects of debt relief on incentives to accumulate debt, consume, and invest are an important concern for donors and recipients. Using a dynamic stochastic general equilibrium model of a small open economy with a minimum consumption requirement and an endogenous relief probability, we show...
Persistent link: https://www.econbiz.de/10009203529
This paper assesses the non linear impact of external debt on growth using a large panel data set of 93 developing countries over 1969–98. Results are generally robust across different econometric methodologies, regression specifications, and different debt indicators. For a country with...
Persistent link: https://www.econbiz.de/10005769136
Despite substantial debt relief to HIPC Initiative completion point countries, long-term debt sustainability remains a challenge. This paper examines a number of structural factors affecting external debt sustainability. It shows that in HIPC completion point countries (i) the export base...
Persistent link: https://www.econbiz.de/10008528704
significantly their poverty-reducing expenditure-possibly resulting in weaker fiscal primary balances and worsening debt …
Persistent link: https://www.econbiz.de/10005604842