01719cas a2200241 a 4500 AALejournalIMF002574 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451858778 1018-5941 BD-DhAAL BD-DhAAL Powell, Robert. Debt Relief, Additionality, and Aid Allocation in Low Income Countries / Robert Powell. Washington, D.C. : International Monetary Fund, 2003. 1 online resource (22 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper models the resource implications of debt relief provided to low-income countries (LICs). Obtaining debt relief does not necessarily lead to individual aid-dependent countries receiving more overall resources from the donor community. Preliminary cross-section estimates suggest that debt relief provided to low-income countries in the period 1996 2000 neither crowded out other non-debt relief-related aid flows to the debtors concerned nor created significant extra net resources for those countries. While it is too early to fully assess the resource implications of the enhanced HIPC Initiative, this paper provides a possible approach to such an evaluation. Mode of access: Internet IMF Working Papers; Working Paper ; No. 2003/175 Full text available on IMF http://elibrary.imf.org/view/journals/001/2003/175/001.2003.issue-175-en.xml IMF e-Library