University Of Zambia Online Public Access Catalogue
Debt relief and growth.
By: Berthelemey, Jean-Claude; Vourc'h, Ann.
Material type:
BookPublisher: Paris : OECD, 1994Subject(s): Economic Growth | Debt relief -- Indebtedness -- Developing countries. -- Debt relief -- Indebtedness -- Developing countries. -- Debt relief -- Indebtedness -- Developing countriesSummary: The authors argue that, because the division of the debt burden between private and public creditors is inequitable, debt relief has less directly benefitted the debtor nations than it might have. They conclude that unless heavily indebted countries can reduce their debt to a critical level, their prospects for growth will be compromised.
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The authors argue that, because the division of the debt burden between private and public creditors is inequitable, debt relief has less directly benefitted the debtor nations than it might have. They conclude that unless heavily indebted countries can reduce their debt to a critical level, their prospects for growth will be compromised.
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