ABSTRACT

This chapter examines the degree to which debt relief provided in the 1990s was relevant; in other words, whether it contributed to economic growth. First, developments in the gross domestic product (GDP) of the eight countries are discussed, and factors that were of influence on trends in the growth rate are briefly analysed. Unless otherwise indicated, this analysis is based on the various country reports. It also considers whether and to what degree debt relief has been of influence on economic growth through the flow and stock effects discussed in Chapters 3 and 4. Not surprisingly, the contribution of debt relief proves to have been limited.