Helping the poor to help themselves debt relief or aid

"Debt relief is unlikely to stimulate investment and growth in the world's highly indebted poor countries (HIPCs). This is because the HIPCs do not suffer from debt overhang. The principal obstacle to investment and growth in the world's poorest countries is a lack of basic economic...

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Bibliographische Detailangaben
1. Verfasser: Arslanalp, Serkan (VerfasserIn)
Weitere Verfasser: Henry, Peter Blair (VerfasserIn)
Format: UnknownFormat
Sprache:eng
Veröffentlicht: Cambridge, Mass. National Bureau of Economic Research 2004
Schriftenreihe:NBER working paper series 10230
Schlagworte:
Schuldenerlass > Entwicklungshilfe > Entwicklungsländer > Debt relief > Developing countries > Economic assistance > Arbeitspapier > Graue Literatur
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Beschreibung
Zusammenfassung:"Debt relief is unlikely to stimulate investment and growth in the world's highly indebted poor countries (HIPCs). This is because the HIPCs do not suffer from debt overhang. The principal obstacle to investment and growth in the world's poorest countries is a lack of basic economic institutions that provide the foundation for profitable economic activity. If the goal is to help poor countries build the institutions that best suit their development needs, then the energy and resources currently devoted to the HIPC initiative could be more effectively employed as direct foreign aid"--National Bureau of Economic Research web site
Beschreibung:Literaturverz. S. 23 - 25
Internetausg.: http://papers.nber.org/papers/w10230.pdf - lizenzpflichtig
Beschreibung:33 S
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