Bird, Graham <br/><br/>
Debt relief for low income countries : is it effective and efficient? 

 -  2003 
<br/><br/> Examines the available data on debt stocks and resource flows.  Considers the resource implications of debt relief.  Examines the economic consequences of transfering resources through debt relief, rather than through new lending or grants, taking account of issues such as debt overhang and moral hazard.