Debt Overhang or Debt Irrelevance? Revisiting the Debt-Growth Link

Debt Overhang or Debt Irrelevance? Revisiting the Debt-Growth Link
Do Highly Indebted Poor Countries (HIPCs) suffer from a debt overhang? Is debt relief going to improve their growth rates? To answer these important questions, we look at how the debt-growth relationship varies with indebtedness levels and other country characteristics in a panel of developing countries. Our findings suggest that there is a... READ MORE...

Publication date: December 2005
ISBN 9781451862423
$15.00

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