External Debt in Post-Conflict Countries

World Development

Volumn 36, Issue 3, 2008, Pages 485-504

  Alvarez Plata, Patricia ^a   Brück, Tilman ^a,b,c  

^a DIW BERLIN   (Germany)

^b HUMBOLDT UNIVERSITY   (Germany)

^c Households in Conflict Network   (United Kingdom)

Author keywords

Africa; aid; debt; HIPC; institutions; post conflict reconstruction

Indexed keywords

AID ORGANIZATION; DEBT; LENDING BEHAVIOR; STATISTICAL ANALYSIS;

AFRICA;

EID: 39149089643     PISSN: 0305750X     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.worlddev.2007.03.002     Document Type: Article

References (45)

1. Addison T., and de Sousa C. Economic reform and economic reconstruction. In: McGillivray M., and Morrissey O. (Eds). Mozambique - Evaluating economic liberalization (1999), Macmillan Press, Basingstoke 163-185
2. Addison T., Hansen H., and Tarp F. Debt relief for poor countries (2004), Palgrave Macmillan, Houndmills and New York
3. Addison T., and Murshed M.S. Debt relief and civil war. Journal of Peace Research 40 2 (2003) 159-176
4. Annan, K. (2005). In larger freedom: Towards development, security and human rights for all. .
5. Arslanalp S., and Henry P.B. Policy watch - Debt relief. Journal of Economic Perspectives 20 1 (2006) 207-220
6. Barungi M.B., and Atingi M. Growth and foreign debt: The Ugandan experience. In: Ajayi S.I., and Khan M.S. (Eds). External debt and capital flight in Sub-Saharan Africa (2000), International Monetary Fund, Washington, DC 93-127
7. Birdsall N., Claessens S., and Diwan I. Policy selectivity forgone: Debt and donor behaviour in Africa. World Bank Economic Review 17 3 (2003) 409-435
8. Chauvin, D. N., & Kraay, A. (2006). Who gets debt relief? World Bank Policy Research Working Paper, No. 4000.
9. Claessens S., Detragiache E., Kanbur R., and Wickham P. Analytical aspects of the debt problems of heavily indebted poor countries. In: Iqbal Z., and Kanbur R. (Eds). External finance for low-income countries (1997), International Monetary Fund, Washington, DC 21-48
10. In: Clément J.A.P. (Ed). Post-conflict economics in Sub-Saharan Africa: Lessons from the Democratic Republic of the Congo (2004), International Monetary Fund, Washington, DC
11. Cohen, D. (1997). External debt and growth: A new perspective on the African and Latin American tragedies. Centre for Economic Policy Research Discussion Paper, No. 1753.
12. Colletta N.J., Kostner M., and Wiederhofer I. The transition from war to peace in Sub-Saharan Africa (1996), World Bank, Washington, DC
13. Collier P., and Gunning J.W. War, peace and private portfolios. World Development 23 2 (1995) 233-241
14. Easterly W. How did heavily indebted poor countries become heavily indebted? Reviewing two decades of debt relief. World Development 30 10 (2002) 1677-1696
15. Fedelino, A., & Kudina, A. (2003). Fiscal sustainability in African HIPC countries: A policy dilemma? IMF Working Paper, No. 03/187.
16. Giles C., and Cave F.T. Caution over G8 debt plan for poor countries. Financial Times 12 June (2005)
17. Gleditsch N.P., Wallensteen P., Eriksson M., Sollenberg M., and Strand H. Armed conflict 1946-2001: A new dataset. Journal of Peace Research 39 5 (2002) 615-637
18. Government of Mozambique. Understanding poverty and well-being in Mozambique: The First National Assessment (1996-97) (1998), Government of Mozambique, Eduardo Mondlane University, and IFPRI, Maputo
19. Government of Mozambique. Poverty and well-being in Mozambique: The Second National Assessment (2002-2003) (2004), Ministry of Planning and Finance, International Food Policy Research Institute and Purdue University, Maputo
20. Hanlon J. Lenders, not borrowers, are responsible for 'illegitimate' loans. Third World Quarterly 27 2 (2006) 211-226
21. Hansen H. The impact of external aid and external debt on growth and investment. In: Addison T., Hansen H., and Tarp F. (Eds). Debt relief for poor countries (2004), Palgrave Macmillan, New York City
22. Hellsten S.K. Ethics, rhetoric and politics of post-conflict reconstruction: How can the concept of social contract help us in understanding how to make peace work? (2005), Centre for the Study of Global Ethics, University of Birmingham
23. Hjertholm P. Theoretical and empirical foundations of HIPC debt sustainability targets. Journal of Development Studies 39 6 (2003) 67-100
24. IDA and IMF. The challenge of maintaining long-term external debt sustainability (2001), International Monetary Fund, Washington, DC
25. IMF and World Bank. Modifications to the heavily indebted poor countries (HIPC) initiative (1999), International Monetary Fund, Washington, DC
26. IMF and World Bank. Assistance to post-conflict countries and the HIPC framework (2001), World Bank, Washington, DC
27. Jayachandran S., and Kremer M. Odious debt. American Economic Review 96 1 (2006) 82-92
28. Jayachandran, S., Kremer, M., & Shafter, J. (2005). Applying the odious debts doctrine while preserving legitimate lending. Unpublished Manuscript. Available at .
29. Kanbur R. Aid, conditionality and debt in Africa. In: Tarp F. (Ed). Foreign aid and development: Lessons learnt and directions for the future (2000), Routledge, London and New York
30. Kaufmann D., Kraay A., and Mastruzzi M. Governance matters V: Aggregate and individual governance indicators for 1996-2005 (2006), World Bank, Washington, DC
31. Krugman P. Financing versus forgiving a debt overhang. Journal of Development Economics 29 (1988) 253-268
32. Menzies, G. D. (2004). Debt-relief policy tradeoffs for conflict-affected countries. Mimeo, University of Technology, Sydney.
33. Michailof S., Kostner M., and Devictor X. Post-conflict recovery in Africa - An agenda for the Africa region (2002), World Bank, Washington, DC
34. Nannyonjo J. Conflicts, poverty and human development in Northern Uganda. The Round Table 94 381 (2005) 473-488
35. Ndikumana L. Additionality of debt relief and debt forgiveness, and implications for future volumes of official assistance. International Review of Economics & Finance 13 3 (2004) 325-340
36. Ndikumana L., and Boyce J.K. Congo's odious debt: External borrowing and capital flight in Zaire. Development and Change 29 2 (1998) 195-217
37. Neumayer E. Is good governance rewarded? A cross-sectional analysis of debt forgiveness. World Development 30 6 (2002) 913-930
38. Newitt M. A history of Mozambique (1995), C. Hurst & Co., London
39. Pattillo, C., Poirson, H., & Ricci, L. (2002). External debt and growth. IMF Working Paper, No. 02/69.
40. Sack A. La Succession Aux Dettes Publiques D'Etat. Receuil des Cours 23 (1929)
41. Sanford J.E. IDA grants and HIPC debt cancellation: Their effectiveness and impact on IDA resources. World Development 32 9 (2004) 1579-1607
42. Serieux, J. E. (1999). Reducing the debt of the poorest - Challenges and opportunities. Mimeo, The North-South Institute.
43. In: Stewart F., and FitzGerald E.V.K. (Eds). War and underdevelopment (2001), Oxford University Press, Oxford
44. Sun, Y. (2004). External debt sustainability in HIPC completion point countries. IMF Working Paper, vol. WP/04/160.
45. World Bank (2005). World development indicators 2005 (CD-ROM). Washington, DC.