01596cas a2200241 a 4500 AALejournalIMF004231 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451864403 1018-5941 BD-DhAAL BD-DhAAL Thomas, Alun. Do Debt-Service Savings and Grants Boost Social Expenditures? / Alun Thomas. Washington, D.C. : International Monetary Fund, 2006. 1 online resource (20 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 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. Mode of access: Internet IMF Working Papers; Working Paper ; No. 2006/180 Full text available on IMF http://elibrary.imf.org/view/journals/001/2006/180/001.2006.issue-180-en.xml IMF e-Library