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

Label
Do Debt-Service Savings and Grants Boost Social Expenditures?, Alun Thomas
Language
eng
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
Bibliography note
Includes bibliographical references
resource.governmentPublication
international or intergovernmental publication
Literary Form
non fiction
Main title
Do Debt-Service Savings and Grants Boost Social Expenditures?
Nature of contents
dictionaries
Oclc number
694141106
Responsibility statement
Alun Thomas
Series statement
IMF Working Papers
Table Of Contents
""Contents""; ""I. INTRODUCTION""; ""II. DATA SAMPLE""; ""III. ECONOMETRIC ANALYSIS""; ""IV. LIKELIHOOD OF ACHIEVING THE MDG TARGETS""; ""V. CONCLUSION""; ""References""
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