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Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1451921020
Category : Business & Economics
Languages : en
Pages : 42
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Book Description
The massive external debt burden of Sub-Saharan Africa has gained widespread attention as a serious policy issue during the past few years. This paper reviews recent trends in the debt levels and economic performance of Sub-Saharan countries and assesses a number of proposals for reducing their external debt service obligations. There is also a discussion of the modalities of various debt relief proposals that have been advanced.
Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1451921020
Category : Business & Economics
Languages : en
Pages : 42
Get Book
Book Description
The massive external debt burden of Sub-Saharan Africa has gained widespread attention as a serious policy issue during the past few years. This paper reviews recent trends in the debt levels and economic performance of Sub-Saharan countries and assesses a number of proposals for reducing their external debt service obligations. There is also a discussion of the modalities of various debt relief proposals that have been advanced.
Author: Mr.Joshua E. Greene
Publisher: International Monetary Fund
ISBN: 1451847165
Category : Business & Economics
Languages : en
Pages : 18
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Book Description
This paper provides updated information on the external debt problem of sub-Saharan Africa. Between 1980 and 1990 the region’s external debt more than tripled, to US$171 billion, while debt service payments and rescheduling rose by more than 150 percent to US$20 billion. In addition, the region continues to qualify as severely debt-distressed. During the last few years the region has benefitted from several new debt initiatives, including a substantial increase in debt cancellation by bilateral creditors and the general application of Toronto terms for debt rescheduling. There are also proposals for further debt assistance, including more liberal rescheduling terms, broader debt forgiveness, and consolidating debt relief and aid generation activities.
Author: M. S. Mukras
Publisher:
ISBN:
Category : Africa, Sub-Saharan
Languages : en
Pages : 72
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Book Description
Author: Mr.Mohsin S. Khan
Publisher: International Monetary Fund
ISBN: 9781557757913
Category : Business & Economics
Languages : en
Pages : 336
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Book Description
Mounting external debt and large-scale capital flight have been at the forefront of Africa's economic problems since the 1980s. External Debt and Capital Flight in Sub-Saharan Africa, edited by S. Ibi Ajayi and Mohsin S. Khan, takes a penetrating look at debt and capital flight during the 1990s in Ghana, Kenya, Nigeria, Tanzania, and Uganda. The book describes the size and composition of debt in the selected countries and examines the causes of the debt buildup. It also assesses the extent of capital flight and suggests ways of stemming the flight of financial resources.
Author: Mr.Simeon Inidayo Ajayi
Publisher: International Monetary Fund
ISBN: 1451961111
Category : Business & Economics
Languages : en
Pages : 63
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Book Description
The general objective of this study is to analyze the external debt and debt burdens of the severely indebted sub-Saharan African countries, estimate the magnitude of capital flight from them, and relate the estimate of capital flight to some macroeconomic aggregates. The study also contains policy implications of international efforts to deal with the high levels of external debt in sub-Saharan Africa in conditions of extreme poverty, and stagnant and declining exports. It questions the theoretical foundation in which the external debt strategy has been based and offers solutions to the external debt problem.
Author: M. S. Mukras
Publisher:
ISBN:
Category : Africa, Sub-Saharan
Languages : en
Pages : 86
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Book Description
Author: M. S. Mukras
Publisher:
ISBN:
Category : Africa, Sub-Saharan
Languages : en
Pages : 56
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Book Description
Author: M. A. B. Siddique
Publisher:
ISBN: 9780864223487
Category : Balance of payments
Languages : en
Pages : 26
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Book Description
Author: Trevor W. Parfitt
Publisher: Routledge
ISBN: 1136887814
Category : Business & Economics
Languages : en
Pages : 203
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Book Description
Assessing both the macro- and micro-economic levels of the contemporary African Debt Crisis, this book, first published in 1989, begins by looking at the origins of the world debt crisis, and then looks closely at the problem as it affects Sub-Saharan Africa. The effects of debt on Africa’s position in international relations are considered, and the roles played by organisations such as the International Monetary Fund and the World Bank are assessed. The authors also examine the local effects in a series of case studies of various states including Nigeria, Ghana and Sierra Leone, the Francophone States and Zaire.
Author: United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on International Development, Finance, Trade, and Monetary Policy
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 136
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Book Description
