- Bib ID:
- 1856499
- Format:
- Book
- Author:
- Easterly, William Russell
- Description:
-
- Washington, D.C. : World Bank, Development Research Group, Macroeconomics and Growth, 1999
- 39 p. : ill. ; 28 cm.
- Series:
- Policy research working papers ; 2225.
- Summary:
-
Theoretical models predict that countries with unchanged long-run savings preferences will respond to debt relief by running up new debts or by running down assets. And there are some signs that incremental debt relief over the past two decades has fulfilled those predictions. Debt relief is futile for countries with unchanged long-run savings preferences.
- Notes:
-
- "November 1999"
- Includes bibliographical references (p. 31-33).
- Subject:
-
- Other authors/contributors:
- World Bank. Development Research Group. Macroeconomics and Growth
- Copyright:
-
In Copyright
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Copyright status was determined using the following information:
- Material type:
- Literary Dramatic Musical
- Published status:
- Published
- Publication date:
- 1999
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