 | Can Debt Relief Boost Growth in Poor Countries? Author/Editor: Toan Quoc Nguyen, Benedict J Clements, Rina Bhattacharya. Release Date:March, 2006 The Heavily Indebted Poor Countries (HIPC) Initiative, launched in 1999 by the IMF and the World Bank, was the first coordinated effort by the international financial community to reduce the foreign more...
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 | External Debt, Public Investment, and Growth in Low-Income Countries Author/Editor: Toan Quoc Nguyen, Benedict J Clements, Rina Bhattacharya. Release Date:December, 2003 This paper examines the channels through which external debt affects growth in low-income countries. Our results suggest that the substantial reduction in the stock of external debt projected for more...
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