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Author: | Chauvin, N.P. Kraay. A. |
Title: | Who gets debt relief? |
Journal: | Journal of the European Economic Association
2007 : APR/MAY, VOL. 5:2-3, p. 333-342 |
Index terms: | developing countries gross national product debt |
Language: | eng |
Abstract: | Using preliminary data from an ongoing effort for estimates of debt relief to study its allocation across 62 low-income countries, some evidence is found that debt relief, especially from multilateral creditors has been allocated to countries with better policies in recent years etc. Finally, most of the debt relief persistence is driven by slowly changing country characteristics, suggesting that it may be difficult for countries to "exit" from cycles of repeated debt relief. |
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