This paper investigates the relationship between external indebtedness and economic growth, with a particular attention to LICs, for which the theoretical arguments of debt overhang and liquidity constraint have to be reconsidered. The estimation of a growth model, with a panel of 121 developing...

This collection draws together contemporary articles on development economics. Ideal for students with little or no background in economics, it covers a range of themes including poverty, foreign aid, agriculture and human capital