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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(IMF)WPIEE2492003
035   $a(MiAaPQ)EBC3012556
035   $a(EXLCZ)993360000000445384
100   $a20090810d2003      uy         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 /$fprepared by Benedict Clements, Rina Bhattacharya and Toan Quoc Nguyen
205   $a1st ed.
210   $aWashington, D.C. $cInternational Monetary Fund, Fiscal Affairs Dept.$d2003
215   $a1 online resource (25 pages)
225 1 $aIMF working paper ;$vWP/03/249
300   $aCover title.
300   $a"December 2003"--Caption.
300   $aAt head of title: Fiscal Affairs Department.
311   $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 paper ;$vWP/03/249.
606   $aDebts, External$zDeveloping countries
606   $aPublic investments$zDeveloping countries
607   $aDeveloping countries$xEconomic conditions
615  0$aDebts, External
615  0$aPublic investments
700   $aClements$b Benedict J$0122914
701   $aBhattacharya$b Rina$01644489
701   $aNguyen$b Toan Quoc$01757890
712 02$aInternational Monetary Fund.$bFiscal Affairs Dept.
801  0$bMiAaPQ
801  1$bMiAaPQ
801  2$bMiAaPQ
906   $aBOOK
912   $a9910821997603321
996   $aExternal debt, public investment, and growth in low-income countries$94195907
997   $aUNINA