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

Abstract
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
Table Of Contents
""Contents""; ""I. INTRODUCTION""; ""II. DATA SAMPLE""; ""III. ECONOMETRIC ANALYSIS""; ""IV. LIKELIHOOD OF ACHIEVING THE MDG TARGETS""; ""V. CONCLUSION""; ""References""
Language
eng
Literary Form
non fiction
Note
"July 2006"
Physical Description
1 online resource (20 p.)
Specific Material Designation
remote
Form Of Item
online
Isbn
9781452727943

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