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Grants Versus Loans

Grants Versus Loans »

Source: Grants Versus Loans

Volume/Issue: 2004/161

Series: IMF Working Papers

Author(s): Hulya Ulku , and Tito Cordella

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 2004

ISBN: 9781451857849

Keywords: Aid policies, concessionality, empirical growth models, statistics, outliers, samples, predictions, indebted countries, Economic Growth and Aggregate Productivity: General,

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 o...

Grants Versus Loans

Grants Versus Loans »

Volume/Issue: 2004/161

Series: IMF Working Papers

Author(s): Hulya Ulku , and Tito Cordella

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 2004

DOI: http://dx.doi.org/10.5089/9781451857849.001

ISBN: 9781451857849

Keywords: Aid policies, concessionality, empirical growth models, statistics, outliers, samples, predictions, indebted countries, Economic Growth and Aggregate Productivity: General,

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 o...