02010cas a2200277 a 4500 AALejournalIMF013040 230101c9999 xx r poo 0 0eng d 5.00 USD 9781589064669 1020-8380 BD-DhAAL BD-DhAAL Nguyen, Toan. Can Debt Relief Boost Growth in Poor Countries? Arabic Can Debt Relief Boost Growth in Poor Countries? / Toan Nguyen, Benedict Clements, Rina Bhattacharya. Washington, D.C. : International Monetary Fund, 2007. 1 online resource (17 pages) Economic Issues <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 The Heavily Indebted Poor Countries (HIPC) Initiative, launched in 1999 by the IMF and the World Bank, was the first coordinated effort by the international financial community to reduce the foreign debt of the world's poorest countries. It was based on the theory that economic growth in heavily indebted poor countries was being stifled by heavy debt burdens, making it virtually impossible for these countries to escape poverty. However, most of the empirical research on the effects of debt on growth has lumped together a diverse group of countries, and the literature on the countries' impact of debt on poor is scant. This pamphlet presents the findings of the authors' empirical research into the subject, analyzing the channels through which debt affects growth in low-income countries. Mode of access: Internet Bhattacharya, Rina. Clements, Benedict. Economic Issues; Economic Issues ; No. 2006/004 Full text available on IMF http://elibrary.imf.org/view/books/051/00996-9781589064669-ar/00996-9781589064669-ar-book.xml IMF e-Library