000 02002cam a22003377 4500
001 w10230
003 NBER
005 20211020112842.0
006 m o d
007 cr cnu||||||||
008 210910s2004 mau fo 000 0 eng d
100 1 _aArslanalp, Serkan.
_95254
245 1 0 _aHelping the Poor to Help Themselves:
_bDebt Relief or Aid /
_cSerkan Arslanalp, Peter Blair Henry.
260 _aCambridge, Mass.
_bNational Bureau of Economic Research
_c2004.
300 _a1 online resource:
_billustrations (black and white);
490 1 _aNBER working paper series
_vno. w10230
500 _aJanuary 2004.
520 3 _aDebt relief is unlikely to stimulate investment and growth in the world's highly indebted poor countries (HIPCs). This is because the HIPCs do not suffer from debt overhang. The principal obstacle to investment and growth in the world's poorest countries is a lack of basic economic institutions that provide the foundation for profitable economic activity. If the goal is to help poor countries build the institutions that best suit their development needs, then the energy and resources currently devoted to the HIPC initiative could be more effectively employed as direct foreign aid.
530 _aHardcopy version available to institutional subscribers
538 _aSystem requirements: Adobe [Acrobat] Reader required for PDF files.
538 _aMode of access: World Wide Web.
588 0 _aPrint version record
690 7 _aF3 - International Finance
_2Journal of Economic Literature class.
690 7 _aF4 - Macroeconomic Aspects of International Trade and Finance
_2Journal of Economic Literature class.
700 1 _aHenry, Peter Blair.
_912675
710 2 _aNational Bureau of Economic Research.
830 0 _aWorking Paper Series (National Bureau of Economic Research)
_vno. w10230.
856 4 0 _uhttps://www.nber.org/papers/w10230
856 _yAcceso en lĂ­nea al DOI
_uhttp://dx.doi.org/10.3386/w10230
942 _2ddc
_cW-PAPER
999 _c337940
_d296502