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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Detalhes bibliográficos
Autor principal: Nguyen, Toan
Outros Autores: Bhattacharya, Rina, Clements, Benedict
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2003.
coleção:IMF Working Papers; Working Paper ; No. 2003/249
Acesso em linha:Full text available on IMF