Debt relief and growth: A study of Zambia and Tanzania

Arbeitspapier

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. – HIPC ; Zambia ; Tanzania ; CGE-models ; growth

Object Details

• ISBN: 9291900311
• Language: Englisch

References and Relationships

• Bibliographic citation: Series: WIDER Discussion Paper ; No. 2001/104

Classification and Topics

• Classification: Wirtschaft ; International Lending and Debt Problems ; Macroeconomic Analyses of Economic Development ; International Linkages to Development; Role of International Organizations
• Subject: Schuldenerlass ; Wirtschaftswachstum ; Allgemeines Gleichgewicht ; Vierte Welt ; Sambia ; Tansania ; HIPC

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Bigsten, Arne ; Levin, Jörgen ; Persson, Håkan
• Event: Veröffentlichung
• (who): The United Nations University World Institute for Development Economics Research (UNU-WIDER)
• (where): Helsinki
• (when): 2001

Further information

• Handle: http://hdl.handle.net/10419/52999
• Last update: 10.03.2025, 11:43 AM CET