EconPapers    
Economics at your fingertips  
 

Indebitamento internazionale degli HIPC: da problema economico a problema politico

Paolo Palazzi

Moneta e Credito, 2002, vol. 55, issue 218, 165-195

Abstract: This paper analyzes the dynamic of the international debt of Heavily Indebted Poor Countries (HIPC), along with the socio-economic development. The structure of the paper is the following: a) the first part of the paper analyzes the dynamic of the structure of debt and socio-economic development (using 14 variables) of 34 HIPC during the period 198797, using a multi statistical analysis; b) the second part analyzes the relation between economic development and the structure of debt (period 1971-1998) for three benchmark countries (Niger, Bolivia and Tanzania); c) in the final part, employing a cross section analysis, the paper verifies the relation between one social indicator (life expectancy) and the international debt structure for the 34 HIPC. The main finding of the paper is that social and economic development is positively related to the debt stock, and it has a negative relation with the interest export ratio. Thus for the HIPC a reduction in debt service would be a better strategy than reducing the debt stock.

Keywords: Debt; Development; International Debt (search for similar items in EconPapers)
JEL-codes: F34 O19 (search for similar items in EconPapers)
Date: 2002
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
http://ojs.uniroma1.it/index.php/monetaecredito/article/view/9789/9674 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:psl:moneta:2002:23

Ordering information: This journal article can be ordered from
http://www.monetaecredito.info

Access Statistics for this article

Moneta e Credito is currently edited by Alessandro Roncaglia and Carlo D'Ippoliti

More articles in Moneta e Credito from Economia civile
Bibliographic data for series maintained by Carlo D'Ippoliti ().

 
Page updated 2022-05-08
Handle: RePEc:psl:moneta:2002:23