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Persson, Håkan
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Bigsten, A., Levin, J. & Persson, H. (2004). Debt relief and growth: a study of Tanzania and Zambia. In: Tony Addison, Henrik Hansen, Finn Tarp (Ed.), Debt relief for poor countries (pp. 181-208). Basingstoke: Palgrave Macmillan
Open this publication in new window or tab >>Debt relief and growth: a study of Tanzania and Zambia
2004 (English)In: Debt relief for poor countries / [ed] Tony Addison, Henrik Hansen, Finn Tarp, Basingstoke: Palgrave Macmillan, 2004, p. 181-208Chapter in book (Refereed)
Abstract [en]

This paper discusses some issues on how to evaluate the impact of HIPC debt relief in the cases of Tanzania and Zambia using two computable general equilibrium models. Within our relatively simple model framework, we found that the macroeconomic impact of debt relief is modest. One reason for this relatively modest impact is that the annual injection of additional resources relative to current actual debt service is small in both cases, which implies that the impact of debt relief per se would be expected to be modest. However, as illustrated in the case of Tanzania the impact could be considerably higher if additional public investment succeeds to improve private sector productivity.

Place, publisher, year, edition, pages
Basingstoke: Palgrave Macmillan, 2004
Series
Studies in development economics and policy
National Category
Economics and Business Economics
Research subject
Economics
Identifiers
urn:nbn:se:oru:diva-26461 (URN)1-4039-3482-7 (ISBN)
Available from: 2012-11-19 Created: 2012-11-19 Last updated: 2017-10-17Bibliographically approved
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