LEADER 04480oam  22010694  450 
001 9910788691203321
005 20230911224607.0
010   $a1-4623-9505-8
010   $a1-4527-2177-7
010   $a1-283-56557-9
010   $a9786613878021
010   $a1-4519-2050-4
035   $a(CKB)3360000000445384
035   $a(EBL)3012556
035   $a(SSID)ssj0000952670
035   $a(PQKBManifestationID)11505012
035   $a(PQKBTitleCode)TC0000952670
035   $a(PQKBWorkID)10903228
035   $a(PQKB)11278155
035   $a(OCoLC)535146967
035   $a(MiAaPQ)EBC3012556
035   $a(IMF)WPIEE2492003
035   $a(EXLCZ)993360000000445384
100   $a20020129d2003      uf             0
101 0 $aeng
135   $aur|n|---|||||
181   $ctxt$2rdacontent
182   $cc$2rdamedia
183   $acr$2rdacarrier
200 10$aExternal Debt, Public Investment, and Growth in Low-Income Countries /$fToan Nguyen, Benedict Clements, Rina Bhattacharya
210  1$aWashington, D.C. :$cInternational Monetary Fund,$d2003.
215   $a1 online resource (25 pages)
225 1 $aIMF Working Papers
300   $a"December 2003"--Caption.
300   $aAt head of title: Fiscal Affairs Department.
311 0 $a1-4518-7590-8 
320   $aIncludes bibliographical references (p. 22-24).
327   $a""Contents""; ""I. INTRODUCTION""; ""II. SUMMARY OF THE LITERATURE ON EXTERNAL DEBT AND GROWTH""; ""III. EMPIRICAL ANALYSIS""; ""IV. CONCLUSIONS""; ""APPENDIX I""; ""References""
330 3 $aThis paper examines the channels through which external debt affects growth in low-income countries. Our results suggest that the substantial reduction in the stock of external debt projected for highly indebted poor countries (HIPCs) would directly increase per capita income growth by about 1 percentage point per annum. Reductions in external debt service could also provide an indirect boost to growth through their effects on public investment. If half of all debt-service relief were channeled for such purposes without increasing the budget deficit, then growth could accelerate in some HIPCs by an additional 0.5 percentage point per annum.
410  0$aIMF Working Papers; Working Paper ;$vNo. 2003/249
606   $aDebts, External$zDeveloping countries
606   $aPublic investments$zDeveloping countries
606   $aExports and Imports$2imf
606   $aPublic Finance$2imf
606   $aInternational Lending and Debt Problems$2imf
606   $aEconomic Growth and Aggregate Productivity: General$2imf
606   $aNational Government Expenditures and Related Policies: Infrastructures$2imf
606   $aOther Public Investment and Capital Stock$2imf
606   $aDebt$2imf
606   $aDebt Management$2imf
606   $aSovereign Debt$2imf
606   $aInternational economics$2imf
606   $aPublic finance & taxation$2imf
606   $aPublic investment spending$2imf
606   $aDebt service$2imf
606   $aExternal debt$2imf
606   $aDebt burden$2imf
606   $aPublic debt$2imf
606   $aPublic investments$2imf
606   $aDebts, External$2imf
606   $aDebts, Public$2imf
607   $aDeveloping countries$xEconomic conditions
615  0$aDebts, External
615  0$aPublic investments
615  7$aExports and Imports
615  7$aPublic Finance
615  7$aInternational Lending and Debt Problems
615  7$aEconomic Growth and Aggregate Productivity: General
615  7$aNational Government Expenditures and Related Policies: Infrastructures
615  7$aOther Public Investment and Capital Stock
615  7$aDebt
615  7$aDebt Management
615  7$aSovereign Debt
615  7$aInternational economics
615  7$aPublic finance & taxation
615  7$aPublic investment spending
615  7$aDebt service
615  7$aExternal debt
615  7$aDebt burden
615  7$aPublic debt
615  7$aPublic investments
615  7$aDebts, External
615  7$aDebts, Public
700   $aNguyen$b Toan$01558667
701   $aClements$b Benedict$0122914
701   $aBhattacharya$b Rina$01546552
712 02$aInternational Monetary Fund.$bFiscal Affairs Dept.
801  0$bDcWaIMF
906   $aBOOK
912   $a9910788691203321
996   $aExternal Debt, Public Investment, and Growth in Low-Income Countries$93823244
997   $aUNINA