Does Lower Debt Buy Higher Growth The Impact of Debt Relief Initiatives on Growth is popular PDF and ePub book, written by Ms.Sandra Marcelino in 2014-12-18, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Does Lower Debt Buy Higher Growth The Impact of Debt Relief Initiatives on Growth can be Read Online from any device for your convenience.
Does Lower Debt Buy Higher Growth The Impact of Debt Relief Initiatives on Growth Book PDF Summary
In 1996, the IMF and the World Bank introduced the Heavily Indebted Poor Countries Initiative—a comprehensive debt relief program aimed at reducing the external debt burden of eligible countries to sustainable levels, provided they carry out strong programs of macroeconomic adjustment and structural reforms designed to promote growth and reduce poverty. Now that the HIPC Initiative is nearly completed, this paper investigates whether the initiative managed to spur growth, either directly or indirectly through investment. In contrast to earlier studies, we conclude that there is some evidence of positive effects of the HIPC Initiative on growth. Such evidence suggests that the HIPC Initiative and MDRI have helped HIPC-eligible countries to reach higher growth, but it remains unclear whether this is through higher investment or another channel. Also, the analysis illustrates that it is hard to disentangle pure debt-relief effects from other concurrent factors.
Detail Book of Does Lower Debt Buy Higher Growth The Impact of Debt Relief Initiatives on Growth PDF
- Author : Ms.Sandra Marcelino
- Release : 18 December 2014
- Publisher : International Monetary Fund
- ISBN : 9781498302265
- Genre : Business & Economics
- Total Page : 41 pages
- Language : English
- PDF File Size : 14,7 Mb
If you're still pondering over how to secure a PDF or EPUB version of the book Does Lower Debt Buy Higher Growth The Impact of Debt Relief Initiatives on Growth by Ms.Sandra Marcelino, don't worry! All you have to do is click the 'Get Book' buttons below to kick off your Download or Read Online journey. Just a friendly reminder: we don't upload or host the files ourselves.