Series: IMF Working Papers
Author(s): Robert Powell
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 September 2003
Keywords: low-income countries, HIPCs, additionality, debt, debt reduction, creditors, debt service payments, International Lending and Debt Problems,
This paper models the resource implications of debt relief provided to low-income countries (LICs). Obtaining debt relief does not necessarily lead to individual aid-dependent countries receiving more overall resou...