Borrowing for Growth : Big Pushes and Debt Sustainability in Low-Income Countries
The paper evaluates big push borrowing-and-investment programs in a new model-based framework of debt sustainability that is explicitly designed for policy analysis. The new framework is grounded in a fully-articulated, dynamic macroeconomic model. It allows for financing schemes that mix concession...
| Main Authors: | , , , , |
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| Format: | Journal Article |
| Published: |
Published by Oxford University Press on behalf of the World Bank
2021
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| Subjects: | |
| Online Access: | http://hdl.handle.net/10986/35426 |