Debt Relief for the Poorest

2003 ◽  
Author(s):  
Madhur Gautam
Keyword(s):  
Debt Relief

Who Gets Debt Relief ?

2006 ◽  
Author(s):  
Nicolas Depetris Chauvin ◽  
Aart Kraay
Keyword(s):  
Debt Relief

scholarly journals Debt Relief and Debtor Outcomes: Measuring the Effects of Consumer Bankruptcy Protection

2015 ◽  
Vol 105 (3) ◽  
pp. 1272-1311 ◽  
Author(s):  
Will Dobbie ◽  
Jae Song
Keyword(s):  
United States ◽  
Social Insurance ◽  
The United States ◽  
Debt Relief ◽  
Random Assignment ◽  
Percentage Points ◽  
Consumer Bankruptcy ◽  
Annual Earnings ◽  
The Impact

Consumer bankruptcy is one of the largest social insurance programs in the United States, but little is known about its impact on debtors. We use 500,000 bankruptcy filings matched to administrative tax and foreclosure data to estimate the impact of Chapter 13 bankruptcy protection on subsequent outcomes. Exploiting the random assignment of bankruptcy filings to judges, we find that Chapter 13 protection increases annual earnings by $5,562, decreases five-year mortality by 1.2 percentage points, and decreases five-year foreclo-sure rates by 19.1 percentage points. These results come primarily from the deterioration of outcomes among dismissed filers, not gains by granted filers. (JEL D14, I12, J22, J31, K35)

Policy coordination by major Western powers in bargaining with the Third World: debt relief and the Common Fund

1984 ◽  
Vol 38 (3) ◽  
pp. 399-428 ◽  
Author(s):  
Barbara B. Crane
Keyword(s):  
Attitude Change ◽  
National Policy ◽  
International Economic Order ◽  
The United States ◽  
Policy Coordination ◽  
Debt Relief ◽  
West Germany ◽  
External Support ◽  
Common Fund ◽  
The Common

The governments of the five major Western powers—the United States, the United Kingdom, France, West Germany, and Japan—coordinated policy on two key North-South issues from 1974 to 1979: relieving the external debts of developing nations and establishing the Common Fund to help finance international commodity agreements. A prominent feature of the coordination process was the emergence of transgovernmental coalitions among like-minded bureaucrats. Previous studies have suggested that such coalitions may affect national policies by promoting learning and attitude change in their members and by legitimizing the policy changes sought by their members. But these suggestions do not account for the ability of coalitions to translate their policy preferences into national policy commitments, particularly where one or more of their members are relatively weak in their national policy-making systems. On the Common Fund and debt relief, some coalition members held positions in their national systems strong enough to induce their governments as a whole to commit themselves to certain concessions. Weaker members of these coalitions then gained the external support they needed to lead their own governments to make similar commitments, thus preparing the way for agreements with the developing countries and some incremental changes in the international economic order.

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