Additionality of debt relief and debt forgiveness, and implications for future volumes of official assistance

Arbeitspapier

This paper examines the impact of debt forgiveness and debt relief on official development assistance. From the recipient side, the econometric analysis suggests that countries that received debt relief also received more aid compared to those that did not qualify for debt relief. From the donor side, while the data indicate a decline in aid disbursement since the early 1990s, there is no econometric evidence for any direct causal relationship between the decline in aid and debt relief/forgiveness. Nonetheless, the decline in aid raises serious concerns given that developing countries’ need in external resources cannot be met by debt relief alone.

Object Details

• ISBN: 9291903213
• Language: Englisch

References and Relationships

• Bibliographic citation: Series: WIDER Discussion Paper ; No. 2002/97

Classification and Topics

• Classification: Wirtschaft ; International Lending and Debt Problems ; Foreign Aid ; Macroeconomic Analyses of Economic Development ; International Linkages to Development; Role of International Organizations
• Subject: debt relief ; debt forgiveness ; official development aid ; HIPC Initiative ; crowding out ; Schuldenerlass ; Entwicklungshilfe ; HIPC

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Ndikumana, Léonce
• Event: Veröffentlichung
• (who): The United Nations University World Institute for Development Economics Research (UNU-WIDER)
• (where): Helsinki
• (when): 2002

Further information

• Handle: http://hdl.handle.net/10419/53072
• Last update: 10.03.2025, 11:43 AM CET