Table of Contents:
Abstract
1. The HIPC Debt Problem
2. Theoretical and Conceptual Considerations
2.1. Debt-Cycle Hypothesis
2.2. Framework of the HIPC Initiatives
3. Data and Methodology
3.1. The HIPCs and Data Collection
3.2. Analysis Methods
4. Results and Discussions
4.1. External Debt, Debt Service and Economic Growth
4.2. Country Governance under the HIPC Initiatives
4.3. Modelling the Effects of the HIPC Initiatives
5. Conclusions and Policy Implications
5.1. Answering the Research Questions and Testing of Hypotheses
5.2. Policy Implications
References
Appendix