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Do debt-service savings and grants boost social expenditures? /
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...
| Clasificación: | Libro Electrónico |
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| Autor principal: | |
| Autor Corporativo: | |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
[Washington, D.C.] :
International Monetary Fund, Policy Development and Review Dept.,
©2006.
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| Colección: | IMF working paper ;
WP/06/180. |
| Temas: | |
| Acceso en línea: | Texto completo |
| Sumario: | 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. |
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| Descripción Física: | 1 online resource (18 pages) : illustrations |
| Bibliografía: | Includes bibliographical references. |
| ISBN: | 1283513307 9781283513302 9781451988147 1451988141 9781451864403 145186440X 1462332641 9781462332649 1452727945 9781452727943 9786613825759 6613825751 |
| ISSN: | 2227-8885 ; |