1 option
The Impact of External Indebtednesson Poverty in Low-Income Countries / Kadima Kalonji, Boileau Loko, Raj Nallari, Montfort Mlachila.
- Format:
- Book
- Government document
- Author/Creator:
- Kalonji, Kadima.
- Series:
- IMF Working Papers; Working Paper ; No. 2003/061
- IMF Working Papers
- Language:
- English
- Physical Description:
- 1 online resource (26 pages)
- Place of Publication:
- Washington, D.C. : International Monetary Fund, 2003.
- Language Note:
- English
- Summary:
- This paper explores the relationship between external debt and poverty. A number of observers have argued that high external indebtedness is a major cause of poverty. Using the first-differenced general method of moments (GMM) estimator, the paper models the impact of external debt on poverty, measured by life expectancy, infant mortality, and gross primary enrollment rates, while duly taking into account the impact of external debt on income. The paper thus endeavors to bring together the literature that links external debt with income growth and poverty. The main conclusion is that once the effect of income on poverty has been taken into account, external indebtedness indicators have a limited but important impact on poverty.
- Notes:
- Bibliographic Level Mode of Issuance: Monograph
- Description based on print version record.
- ISBN:
- 9786613777195
- 9781462352029
- 1462352022
- 9781452731100
- 1452731101
- 9781281155832
- 1281155837
- 9781451894967
- 1451894961
The Penn Libraries is committed to describing library materials using current, accurate, and responsible language. If you discover outdated or inaccurate language, please fill out this feedback form to report it and suggest alternative language.