External Debt, Public Investment, and Growth in Low-Income Countries /

This paper examines the channels through which external debt affects growth in low-income countries. Our results suggest that the substantial reduction in the stock of external debt projected for highly indebted poor countries (HIPCs) would directly increase per capita income growth by about 1 perce...

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Bibliografiske detaljer
Hovedforfatter: Nguyen, Toan
Andre forfattere: Bhattacharya, Rina, Clements, Benedict
Format: Tidsskrift
Sprog:English
Udgivet: Washington, D.C. : International Monetary Fund, 2003.
Serier:IMF Working Papers; Working Paper ; No. 2003/249
Online adgang:Full text available on IMF