The short and long run effects of debt reduction: Evidence from debt relief under the enhanced HIPC and MDR initiatives

Purpose – The purpose of this paper is to estimate benefits to debt reduction by using the natural experiment provided by the debt relief programs: the Heavily Indebted Poor Countries Initiative launched by the International Monetary Fund and World Bank in 1996 and the Multilateral Debt Relief Initi...

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Bibliographic Details
Main Authors: Kelsey Gamel, Pham Hoang Van
Format: Article
Language:English
Published: Emerald Publishing 2018-07-01
Series:Journal of Asian Business and Economic Studies
Subjects:
Online Access:https://www.emerald.com/insight/content/doi/10.1108/JABES-04-2018-0008/full/pdf?title=the-short-and-long-run-effects-of-debt-reduction-evidence-from-debt-relief-under-the-enhanced-hipc-and-mdr-initiatives

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