Lei, Vivian; Tucker, Steven; Vesely, Filip - Dipartimento di Politica Economica, Finanza e Sviluppo … - 2007
A large share of the debt claims owed by the world’s poorest countries has been cancelled through the HIPC (highly indebted poor countries) debt relief initiative. It is believed that, with less debt burden, the HIPC will be able to devote more resources to investment and thus promote their...