Debt Overhang or Debt Irrelevance?

Do highly indebted countries suffer from a debt overhang? Can debt relief foster their growth rates? To answer these important questions, this article looks at how the debt-growth relation varies with indebtedness levels, as well as with the quality of policies and institutions, in a panel of develo...

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Bibliographic Details
Main Authors: Cordella, Tito, Ricci, Luca Antonio, Ruiz-Arranz, Marta
Language:EN
Published: 2012
Subjects:
Online Access:http://hdl.handle.net/10986/5544