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Debt Relief and Civil War
Addison, Tony - 2014
Of the 41 HIPCs, 11 are classified by the IMF and World Bank as conflict-affected. Can debt relief reduce the level of … violent conflict in these countries? By providing additional resources to finance broad-based public spending, debt relief … could help to redress the grievances that contribute to conflict. It could also reduce the ability of those motivated by …
Persistent link: https://www.econbiz.de/10013043850
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A chameleon called debt relief
Cassimon, Danny; Essers, Dennis - Instituut voor Ontwikkelingsbeleid en -beheer (IOB), … - 2013
This paper critically reviews three decades of official creditors’ debt relief practice in Sub-Saharan Africa from a novel angle, i.e. along debt relief’s similarities with other aid modalities. We show that debt relief is a true ‘chameleon’ which mimics different sorts of aid, from...
Persistent link: https://www.econbiz.de/10010932109
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Fiscal policy, conflict, and reconstruction in Burundi and Rwanda
Ndikumana, Léonce - 2001
The ethnic conflicts in Burundi and Rwanda have severely weakened the economies and worsened the structural fiscal imbalances of these countries. Government revenue has declined due to the erosion of the tax base and tax administration capacity. At the same time, governments have shifted the...
Persistent link: https://www.econbiz.de/10010279235
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Angola's incomplete transition
Aguilar, Renato - 2001
Angola’s difficulties in achieving macro-economic stability and economic liberalization have serious implications for private-sector development. Hyperinflation, and frequent policy reversal, constrain and distort investment in both the informal and formal parts of the private sector. But...
Persistent link: https://www.econbiz.de/10010333031
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Debt reduction for poverty eradication in the least developed countries: Analysis and recommendations on LDC debt
2001
This paper reviews the main obstacles to human and social development posed by the current external debt burdens of the least development countries. In particular, it analyses the shortcomings of the mechanisms and thresholds used to assess the sustainability of debt levels in the HIPC...
Persistent link: https://www.econbiz.de/10010279053
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Can HIPC reduce poverty in Tanzania?
Danielson, Anders - 2001
While growth has increased in Tanzania during the past five or six years, it is still too low to have a visible impact on poverty. Indeed, recent evidence suggests that the amounts of both income and non-income poverty are roughly the same as they were a decade ago. Since debt relief provided...
Persistent link: https://www.econbiz.de/10010279264
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Foreign aid, investment and fiscal policy behavior : theory and empirical evidence
Asongu, Simplice A.; Jellal, Mohammed - 2014
The paper provides theoretical and empirical justifications for the instrumentality of foreign aid in stimulating private investment and fixed capital formation through fiscal policy mechanisms. We propose an endogenous growth theory based on an extension of Barro (1990) by postulating that the...
Persistent link: https://www.econbiz.de/10011409169
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Foreign aid fiscal policy : theory and evidence
Asongu, Simplice; Jellal, Mohammed - 2015
The paper provides theoretical and empirical justifications for the instrumentality of foreign aid in stimulating private investment and fixed capital formation through fiscal policy mechanisms. We propose an endogenous growth theory based on an extension of Barro (1990) by postulating that the...
Persistent link: https://www.econbiz.de/10011596867
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Foreign Aid Fiscal Policy : Theory and Evidence
Asongu, Simplice - 2016
The paper provides theoretical and empirical justifications for the instrumentality of foreign aid in stimulating private investment and fixed capital formation through fiscal policy mechanisms. We propose an endogenous growth theory based on an extension of Barro (1990) by postulating that the...
Persistent link: https://www.econbiz.de/10012997617
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Foreign Aid, Investment and Fiscal Policy Behavior : Theory and Empirical Evidence
Asongu, Simplice - 2015
The paper provides theoretical and empirical justifications for the instrumentality of foreign aid in stimulating private investment and fixed capital formation through fiscal policy mechanisms. We propose an endogenous growth theory based on an extension of Barro (1990) by postulating that the...
Persistent link: https://www.econbiz.de/10013030665