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This paper considers how the conditionality inherent in HIPC debt relief should be constituted to promote pro …
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Since the introduction of the HIPC Initiative in the early 2000s, indebted LICs had to show a decent governance …
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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...
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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...
Persistent link: https://www.econbiz.de/10010295225
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...
Persistent link: https://www.econbiz.de/10010296007