Thesis (M.A.)--Boston University

The perceived lack of conclusive quantitative evidence on the macroeconomic effects of debt relief in low-income countries has generally blurred the image of debt relief efforts and left the issues of its effectiveness and efficiency open to debate and dispute. This thesis seeks to shed more light on the subject by providing some further empirical evidence. This objective is achieved by performing an empirical investigation of two effects of debt relief. First, the study examines the debt relief-new borrowing relationship in a multivariable regression framework. The results that emerge suggest that, on average, debt relief can be beneficial in reducing the future new borrowing of Highly Indebted Poor Countries (HIPCs). This conclusion, to some extent, is in line with the goals of HIPCs debt relief initiatives in reducing external debt burdens of those countries to sustainable levels. However, it presents a challenge to the views of William Easterly on the ???perverse incentive effects??? of ???continuing waves??? of debt relief that are said to lead to further debt accumulation of a similar magnitude to replace old cancelled debt. Second, the analysis explores the influence of debt relief on domestic investment behaviour in developing countries. Debt relief is found to have a positive effect on domestic investment in countries with good policy environments. This result suggests that debt relief would be more effective in promoting domestic investment if it were more cautiously conditioned on sound policy frameworks.

Outward foreign direct investment has increased significantly in recent years and a con-siderable part is going to developing countries. This thesis examines the determinants of Chinese outward FDI to developing countries. Data from 2003 to 2008 has been col-lected from 104 developing countries which have received Chinese FDI.The analysis is based on the results of a semi-gravity model. The variables included in the regression are resource-richness, GDP, openness to trade, bilateral trade with China, and distance from Beijing. As expected by the authors, Chinese FDI was found to be strongly correlated with resource-richness and the existence of trade ties between China and the recipient country. Quite disturbingly, the results show a strong relationship be-tween Chinese FDI and corruption. A negative correlation was confirmed for the level of GDP, openness to trade, and distance to Beijing, along with the authors‟ expecta-tions.

Texte remanié de :Thèse : [Histoire] : Istituto universitario orientale, Napoli. / Bibliogr. p. 267-299. Notes bibliogr. Index.

Thesis (M.A.)--Naval Postgraduate School, 2002. / Thesis advisor(s): Anna Simons, James Russell. Includes bibliographical references (p. 57-59). Also available online.

Thesis--Hamburg. / Vita. Includes bibliographical references (p. 383-412).

Thesis (Ph. D.)--West Virginia University, 2004. / Title from document title page. Document formatted into pages; contains viii, 113 p. : col. map. Includes abstract. Includes bibliographical references (p. 96-101).

Risālat al-mājistīr--Maʻhad al-Dirāsāt al-ʻArabīyah al-ʻĀlamīyah. / Includes bibliographical references (p. [641]-648).

Disc, --Basel. / Bibliography: p. vii-viii.

Thesis (Ph. D.)--University of Oklahoma, 1993. / Includes bibliographical references (leaves 186-190).