In this paper I investigate the effects of recent debt relief initiatives such as the Heavily Indebted Poor Countries … (HIPC) Debt Initiative of 1996 on resource flows to developing countries. Focusing on a sample of low-income countries, I … debt relief) in the 1990s and early 2000s? My estimates suggest that countries classified as HIPCs received higher …

compared to non-HIPCs, have been increasing with their debt level. Greater net transfers have taken the form of net loans from …

literature - the influence of the degree of economic freedom and external debt burden on aid allocation, with emphasis on African … increases with an increase in the degree of economic freedom. However, external debt burden, albeit positive, is not … recipient economies, the study traced external aid fluctuations in Africa to external debt burden and the extent of restriction …

compared to non-HIPCs, have been increasing with their debt level. Greater net transfers have taken the form of net loans from …

with high debt largely owed to multilateral creditors, the donors - especially bilateral - made greater transfers to … became highly indebted. One implication is that comprehensive debt relief would restore donors' ability to be selective with …