In this paper we empirically discuss the question whether or not debt relief in the past fifteen years has been … economically rational. Analysing the determinants of debt relief our results suggest that governance quality did not play a role in … the decision of creditor countries to forgive debt in the 1990s. Furthermore, even the actual debt burden of highly …

Since the introduction of the HIPC Initiative in the early 2000s, indebted LICs had to show a decent governance … performance before their debts were forgiven. We discuss the hypothesis that during the follow-up, Multilateral Debt Relief … Initiative (MDRI), the World Bank has refrained from this policy, and that debt relief decisions are rather politically driven …

In this paper we empirically discuss the question whether or not debt relief in the past fifteen years has been … economically rational. Analysing the determinants of debt relief our results suggest that governance quality did not play a role in … the decision of creditor countries to forgive debt in the 1990s. Furthermore, even the actual debt burden of highly …

In this paper we empirically discuss the question whether or not debt relief in the past fifteen years has been … economically rational. Analysing the determinants of debt relief our results suggest that governance quality did not play a role in … the decision of creditor countries to forgive debt in the 1990s. Furthermore, even the actual debt burden of highly …

Since the introduction of the HIPC Initiative in the early 2000s, indebted LICs had to show a decent governance … performance before their debts were forgiven. We discuss the hypothesis that during the follow-up, Multilateral Debt Relief … Initiative (MDRI), the World Bank has refrained from this policy, and that debt relief decisions are rather politically driven …

through which institutions influence aggregate savings and economic development. Whereas research in the field of savings … decisions concentrates largely on the level of the individual, the literature on institutions and growth as well as on aggregate … reasoning, arguing that institutions may influence the individual savings decision as well as national savings in aggregate …

opportunity costs of terror, e.g. approximated as slow growth and poor institutions raise the propensity of terror and the …

costs of terror, e.g., approximated by slow growth and poor institutions raise the likelihood of terror and the willingness …