Debt Relief, Additionality, and Aid Allocation in Low Income Countries PDF Download
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Author: Mr.Robert Powell
Publisher: International Monetary Fund
ISBN: 1451858779
Category : Business & Economics
Languages : en
Pages : 22
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Book Description
This paper models the resource implications of debt relief provided to low-income countries (LICs). Obtaining debt relief does not necessarily lead to individual aid-dependent countries receiving more overall resources from the donor community. Preliminary cross-section estimates suggest that debt relief provided to low-income countries in the period 1996 2000 neither crowded out other non-debt relief-related aid flows to the debtors concerned nor created significant extra net resources for those countries. While it is too early to fully assess the resource implications of the enhanced HIPC Initiative, this paper provides a possible approach to such an evaluation.
Author: Mr.Robert Powell
Publisher: International Monetary Fund
ISBN: 1451858779
Category : Business & Economics
Languages : en
Pages : 22
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Book Description
This paper models the resource implications of debt relief provided to low-income countries (LICs). Obtaining debt relief does not necessarily lead to individual aid-dependent countries receiving more overall resources from the donor community. Preliminary cross-section estimates suggest that debt relief provided to low-income countries in the period 1996 2000 neither crowded out other non-debt relief-related aid flows to the debtors concerned nor created significant extra net resources for those countries. While it is too early to fully assess the resource implications of the enhanced HIPC Initiative, this paper provides a possible approach to such an evaluation.
Author: Robert Powell
Publisher:
ISBN:
Category :
Languages : en
Pages :
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Book Description
Author: Mr.Ales Bulir
Publisher: International Monetary Fund
ISBN: 1455293717
Category : Business & Economics
Languages : en
Pages : 27
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Book Description
The effects of debt relief on incentives to accumulate debt, consume, and invest are an important concern for donors and recipients. Using a dynamic stochastic general equilibrium model of a small open economy with a minimum consumption requirement and an endogenous relief probability, we show that excessive debt accumulation is consistent with an anticipation of a future debt relief. Simulations of the calibrated model using 1982-2006 Ugandan data suggest that debt-relief episodes are likely to have only a temporary impact on the level of debt in low-income countries, while being associated with more consumption and less invesment. The long-run debt-to-GDP ratio is estimated to be about twice as high with debt relief than without it.
Author: Nancy Birdsall
Publisher: Peterson Institute
ISBN: 9780881323313
Category : Business & Economics
Languages : en
Pages : 190
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Book Description
This study brings readers up to date on the complicated subject of debt relief for poor countries. It also addresses the questions of more efficient and equitable government spending, building better institutions and attracting productive private investment.
Author:
Publisher: World Bank Publications
ISBN: 9780195211238
Category : Political Science
Languages : en
Pages : 164
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Book Description
Assessing Aid determines that the effectiveness of aid is not decided by the amount received but rather the institutional and policy environment into which it is accepted. It examines how development assistance can be more effective at reducing global poverty and gives five mainrecommendations for making aid more effective: targeting financial aid to poor countries with good policies and strong economic management; providing policy-based aid to demonstrated reformers; using simpler instruments to transfer resources to countries with sound management; focusing projects oncreating and transmitting knowledge and capacity; and rethinking the internal incentives of aid agencies.
Author: Dr. Jürgen Kaiser
Publisher: Iucn
ISBN:
Category : Business & Economics
Languages : en
Pages : 76
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Book Description
This publication is aimed at helping IUCN's members to understand the scope and mechanisms of debt conversion and to spot opportunities for their own action in this important field.
Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 9781589062733
Category : Business & Economics
Languages : en
Pages : 130
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Book Description
Summarizes the for ward-looking analytical work program on macroeconomic issues related to the Poverty Reduction Strategy Paper approach. The program is evolving through a process that began with a technical workshop; participants from low-income countries, donors, academia, and civil society drafted guidance on selected issues and identified priority research topics. Partners, policymakers, and economic scholars are encouraged to share their perspectives and findings through respective team leaders, whose e-mail addresses are provided. The publication also summarizes IMF analytical work, and contains a bibliography of nearly 1,000 papers.
Author: International Monetary Fund. Finance Dept.
Publisher: International Monetary Fund
ISBN: 1498330630
Category : Business & Economics
Languages : en
Pages : 84
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Book Description
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Author: Ian Goldin
Publisher: Oxford University Press
ISBN: 0198736258
Category : Business & Economics
Languages : en
Pages : 217
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Book Description
What is development -- How does development happen? -- Why are some countries rich and others poor? -- What can be done to accelerate development? -- The evolution of development aid -- Sustainable development -- Globalization and development -- The future of development.
Author: Hilary Devine
Publisher: International Monetary Fund
ISBN: 1513571567
Category : Business & Economics
Languages : en
Pages : 161
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Book Description
The Covid-19 pandemic has aggravated the tension between large development needs in infrastructure and scarce public resources. To alleviate this tension and promote a strong and job-rich recovery from the crisis, Africa needs to mobilize more financing from and to the private sector.
