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Through the Heavily Indebted Poor Countries (HIPC) Initiative, substantial amounts of debt relief have been granted to a set of low-income countries as an alternative instrument of aid delivery. The theoretical (and moral) arguments in favour of debt relief are well established. However, the...
Persistent link: https://www.econbiz.de/10009642615
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We conduct an empirical study on how 22 donors allocate their bilateral aid among 147 recipient countries over the 1970-2004 period to investigate whether recent changes in the international aid architecture-at the international and country level-have led to changes in donor behavior. We find...
Persistent link: https://www.econbiz.de/10003665937
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After two debt relief initiatives launched in 1996 (the Heavily Indebted Poor Countries, HIPC Initiative) and in 1999 (The enhanced HIPC initiative), the G7 decided to go further by cancelling the remaining multilateral debt for these HIPC countries through the Multilateral Debt Relief...
Persistent link: https://www.econbiz.de/10010861386
Poverty assessment and targetting usually relies on expensive, large scale survey data. We argue that, in some cases, exploiting information villagers have on their immediate neighbors in close-knit agricultural societies might provide an alternative. We use the results of a participatory wealth...
Persistent link: https://www.econbiz.de/10009642507
After two debt relief initiatives launched in 1996 (the Heavily Indebted Poor Countries, HIPC Initiative) and in 1999 (The enhanced HIPC initiative), the G7 decided to go further by cancelling (most of) the remaining multilateral debt for these HIPC countries through the Multilateral Debt Relief...
Persistent link: https://www.econbiz.de/10011273984
Substantial amounts of debt relief have been granted to a set of low-income countries, as an alternative aid modality. Although the theoretical case for debt relief is firmly established, only empirical analysis can show whether debt relief is indeed a (more) effective mode of aid delivery. We...
Persistent link: https://www.econbiz.de/10010284826
Substantial amounts of debt relief have been granted to a set of low-income countries, as an alternative aid modality. Although the theoretical case for debt relief is firmly established, only empirical analysis can show whether debt relief is indeed a (more) effective mode of aid delivery. We...
Persistent link: https://www.econbiz.de/10005031682