Does Lower Debt Buy Higher Growth? : The Impact of Debt Relief Initiatives on Growth /

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...

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Bibliographic Details
Main Author: Marcelino, Sandra
Other Authors: Hakobyan, Ivetta
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2014.
Series:IMF Working Papers; Working Paper ; No. 2014/230
Online Access:Full text available on IMF