Do Debt-Service Savings and Grants Boost Social Expenditures?

Do Debt-Service Savings and Grants Boost Social Expenditures?
This paper evaluates whether debt relief and grants can boost social expenditures in lowincome countries. It finds that declines in debt-service help raise social expenditures, but no relationship between grants and social expenditures. Moreover, since the mid-1980s, lowincome countries have managed to fully insulate social expenditures from the... READ MORE...

Publication date: July 2006
ISBN 9781451864403
$15.00

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