Grants Versus Loans

Grants Versus Loans
Under what conditions should grants be preferred to loans? To answer this question, we present a simple model à la Krugman (1988) and show that, for any given level of developmental assistance, the optimal degree of loan concessionality is positively associated with economic growth if countries are poor, have bad policies, and high debt READ MORE...

Publication date: September 2004
ISBN 9781451857849
$15.00

Add to Cart by clicking price of the language and format you'd like to purchase

Available Languages and Formats

Paperback

Publication date: September 2004

PDF

Publication date: September 2004

ePub

Publication date: September 2004

Mobi

Publication date: September 2004

English