{"id":"https://openalex.org/W1569737684","doi":null,"title":"Why heavily indebted poor countries have failed to pay back their debt? An empirical investigation (in English)","display_name":"Why heavily indebted poor countries have failed to pay back their debt? An empirical investigation (in English)","publication_year":2005,"publication_date":"2005-01-01","ids":{"openalex":"https://openalex.org/W1569737684","mag":"1569737684"},"language":"en","primary_location":{"id":"pmh:oai:RePEc:fau:fauart:v:55:y:2005:i:3-4:p:124-140","doi":null,"is_oa":false,"landing_page_url":"http://journal.fsv.cuni.cz/storage/1012_s_124_140.pdf","pdf_url":"http://journal.fsv.cuni.cz/storage/1012_s_124_140.pdf","source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"},"volume":null,"type":"article","is_traditional":true,"indexed_in":[],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5000270521","display_name":"Menbere Workie Tiruneh","orcid":"https://orcid.org/0000-0003-4749-1639","observed_orcids":["https://orcid.org/0000-0003-4749-1639","https://orcid.org/0009-0005-8073-1982"]},"institutions":[],"countries":[],"is_corresponding":true,"raw_author_name":"Menbere Workie Tiruneh","raw_affiliation_strings":[],"raw_orcid":"https://orcid.org/0000-0003-4749-1639","affiliations":[]}],"institutions":[],"countries_distinct_count":0,"institutions_distinct_count":0,"corresponding_author_ids":["https://openalex.org/A5000270521"],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":0.5698,"has_fulltext":false,"cited_by_count":2,"citation_normalized_percentile":{"value":0.80106268,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":89,"max":93},"biblio":{"volume":"55","issue":null,"first_page":"124","last_page":"140"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10503","display_name":"Global Financial Crisis and Policies","score":0.8393999934196472,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10503","display_name":"Global Financial Crisis and Policies","score":0.8393999934196472,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11621","display_name":"Fiscal Policies and Political Economy","score":0.11100000143051147,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11168","display_name":"International Development and Aid","score":0.02759999968111515,"subfield":{"id":"https://openalex.org/subfields/3303","display_name":"Development"},"field":{"id":"https://openalex.org/fields/33","display_name":"Social Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/heavily-indebted-poor-countries","display_name":"Heavily Indebted Poor Countries","score":0.9509999752044678},{"id":"https://openalex.org/keywords/debt-rescheduling","display_name":"debt rescheduling","score":0.8519999980926514},{"id":"https://openalex.org/keywords/debt-service","display_name":"debt service","score":0.5189999938011169},{"id":"https://openalex.org/keywords/external-debt","display_name":"external debt","score":0.8980000019073486},{"id":"https://openalex.org/keywords/debt-repayment","display_name":"debt repayment","score":0.39100000262260437},{"id":"https://openalex.org/keywords/per-capita-income","display_name":"per capita income","score":0.8700000047683716},{"id":"https://openalex.org/keywords/gdp-growth","display_name":"GDP growth","score":0.9589999914169312},{"id":"https://openalex.org/keywords/trade-openness","display_name":"trade openness","score":1.0},{"id":"https://openalex.org/keywords/foreign-exchange-reserves","display_name":"foreign exchange reserves","score":0.8379999995231628},{"id":"https://openalex.org/keywords/capital-inflows","display_name":"capital inflows","score":0.9599999785423279}],"concepts":[{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.7171039581298828},{"id":"https://openalex.org/C84976871","wikidata":"https://www.wikidata.org/wiki/Q2015673","display_name":"Openness to experience","level":2,"score":0.6165165305137634},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.6148107647895813},{"id":"https://openalex.org/C160443848","wikidata":"https://www.wikidata.org/wiki/Q45918","display_name":"Per capita income","level":2,"score":0.5986437797546387},{"id":"https://openalex.org/C44171179","wikidata":"https://www.wikidata.org/wiki/Q461319","display_name":"External debt","level":3,"score":0.5481968522071838},{"id":"https://openalex.org/C140331021","wikidata":"https://www.wikidata.org/wiki/Q1868104","display_name":"Logit","level":2,"score":0.5361829400062561},{"id":"https://openalex.org/C141121606","wikidata":"https://www.wikidata.org/wiki/Q8142","display_name":"Currency","level":2,"score":0.5324286818504333},{"id":"https://openalex.org/C120527767","wikidata":"https://www.wikidata.org/wiki/Q3196867","display_name":"Debt","level":2,"score":0.5256158709526062},{"id":"https://openalex.org/C184314375","wikidata":"https://www.wikidata.org/wiki/Q3117995","display_name":"Probit","level":2,"score":0.5050478577613831},{"id":"https://openalex.org/C135665773","wikidata":"https://www.wikidata.org/wiki/Q2234049","display_name":"Debt ratio","level":3,"score":0.4592475891113281},{"id":"https://openalex.org/C18547055","wikidata":"https://www.wikidata.org/wiki/Q47417","display_name":"International economics","level":1,"score":0.34791111946105957},{"id":"https://openalex.org/C139719470","wikidata":"https://www.wikidata.org/wiki/Q39680","display_name":"Macroeconomics","level":1,"score":0.20787551999092102},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.15953078866004944},{"id":"https://openalex.org/C77805123","wikidata":"https://www.wikidata.org/wiki/Q161272","display_name":"Social psychology","level":1,"score":0.0},{"id":"https://openalex.org/C149923435","wikidata":"https://www.wikidata.org/wiki/Q37732","display_name":"Demography","level":1,"score":0.0},{"id":"https://openalex.org/C15744967","wikidata":"https://www.wikidata.org/wiki/Q9418","display_name":"Psychology","level":0,"score":0.0},{"id":"https://openalex.org/C144024400","wikidata":"https://www.wikidata.org/wiki/Q21201","display_name":"Sociology","level":0,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"pmh:oai:RePEc:fau:fauart:v:55:y:2005:i:3-4:p:124-140","doi":null,"is_oa":false,"landing_page_url":"http://journal.fsv.cuni.cz/storage/1012_s_124_140.pdf","pdf_url":"http://journal.fsv.cuni.cz/storage/1012_s_124_140.pdf","source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"},{"id":"mag:1569737684","doi":null,"is_oa":false,"landing_page_url":"https://EconPapers.repec.org/RePEc:fau:fauart:v:55:y:2005:i:3-4:p:124-140","pdf_url":null,"source":{"id":"https://openalex.org/S2764556188","display_name":"Czech Journal of Economics and Finance","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["cwts-core"],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"journal"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Czech Journal of Economics and Finance","raw_type":null}],"best_oa_location":null,"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":4,"referenced_works":["https://openalex.org/W1542696761","https://openalex.org/W2044670874","https://openalex.org/W2164668773","https://openalex.org/W3025374755"],"related_works":["https://openalex.org/W6990285812","https://openalex.org/W1596764814","https://openalex.org/W567462946","https://openalex.org/W2025725575","https://openalex.org/W2028585072","https://openalex.org/W4404766589","https://openalex.org/W7099286154","https://openalex.org/W7015809664","https://openalex.org/W2316028303","https://openalex.org/W1996104404"],"abstract_inverted_index":{"This":[0],"paper,":[1],"in":[2,30],"using":[3],"cross-section":[4],"pooled":[5],"logit,":[6],"probit,":[7],"and":[8,34,57],"fixed-effects":[9],"logit":[10],"models,":[11],"empirically":[12],"explores":[13],"the":[14,18,31,35],"main":[15],"factors":[16,62],"affecting":[17,63],"rescheduling":[19],"of":[20],"contractual":[21],"debt-service":[22],"payments":[23],"by":[24],"heavily":[25],"indebted":[26],"poor":[27],"countries":[28],"(HICPs)":[29],"late":[32],"1980s":[33],"1990s.":[36],"The":[37],"results":[38],"seem":[39],"to":[40],"suggest":[41],"that":[42],"HIPCs":[43],"past":[44],"external":[45],"debt,":[46],"per-capita":[47],"income":[48],"level,":[49],"GDP":[50],"growth":[51],"rate,":[52],"trade":[53],"openness,":[54],"foreign-currency":[55],"reserves,":[56],"capital":[58],"inflows":[59],"are":[60],"core":[61],"debt":[64],"servicing.":[65]},"counts_by_year":[{"year":2016,"cited_by_count":1}],"updated_date":"2026-11-05T12:25:35.769452","created_date":"2016-06-24T00:00:00"}