Hiccups for HIPCs?

Craig Burnside and Domenico Fanizza

No DP2001-99, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: In this paper we discuss monetary and fiscal policy issues facing heavily-indebted poor countries (HIPCs) who receive debt reduction via the enhanced HIPC initiative. This debt relief program is distinguished from previous ones by its conditionality: freed resources must be used for poverty reduction.

Keywords: Budget; Public debt; Public expenditures; Fiscal policy; Poverty (search for similar items in EconPapers)
Date: 2001
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Citations: View citations in EconPapers (4)

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Working Paper: Hiccups for HIPCs? (2004)
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