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Do Debt-Service Savings and Grants Boost Social Expenditures? / Alun Thomas.

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Format:
Book
Government document
Author/Creator:
Thomas, Alun.
Contributor:
International Monetary Fund. Policy Development and Review Department.
Series:
IMF Working Papers; Working Paper ; No. 2006/180
IMF Working Papers
Language:
English
Subjects (All):
Debt relief--Developing countries.
Debt relief.
Social security--Developing countries.
Social security.
Physical Description:
1 online resource (20 p.)
Edition:
1st ed.
Place of Publication:
Washington, D.C. : International Monetary Fund, 2006.
Language Note:
English
Summary:
This paper evaluates whether debt relief and grants can boost social expenditures in lowincome countries. It finds that declines in debt-service help raise social expenditures, but no relationship between grants and social expenditures. Moreover, since the mid-1980s, lowincome countries have managed to fully insulate social expenditures from the effects of budgetary tightening. The magnitude of the impact of these effects on social expenditures, however, is dwarfed by the resources needed to enable these countries to reach the Millennium Development Goals.
Contents:
""Contents""; ""I. INTRODUCTION""; ""II. DATA SAMPLE""; ""III. ECONOMETRIC ANALYSIS""; ""IV. LIKELIHOOD OF ACHIEVING THE MDG TARGETS""; ""V. CONCLUSION""; ""References""
Notes:
"July 2006".
Includes bibliographical references.
Description based on print version record.
ISBN:
9786613825759
9781462332649
1462332641
9781452727943
1452727945
9781283513302
1283513307
9781451988147
1451988141
OCLC:
694141106

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