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Book The African Debt Crisis

Download or read book The African Debt Crisis written by Trevor W. Parfitt and published by Routledge. This book was released on 2010-11-26 with total page 203 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Book External Debt and Capital Flight in Sub Saharan Africa

Download or read book External Debt and Capital Flight in Sub Saharan Africa written by Mr.Mohsin S. Khan and published by International Monetary Fund. This book was released on 2000-05-12 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Book An Analysis of External Debt and Capital Flight in the Severely Indebted Low Income Countries in Sub Saharan Africa

Download or read book An Analysis of External Debt and Capital Flight in the Severely Indebted Low Income Countries in Sub Saharan Africa written by Mr.Simeon Inidayo Ajayi and published by International Monetary Fund. This book was released on 1997-06-01 with total page 63 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Book Political Dimensions of the International Debt Crisis

Download or read book Political Dimensions of the International Debt Crisis written by Bonnie K. Campbell and published by Springer. This book was released on 1989-06-18 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: Five papers on the political dimensions of the debt crisis at national, international and geo-political levels. There are case studies of Sudan, Senegal, Ivory Coast and Mexico. One conclusion is that the erosion of the powers and legitimacy of government is the most damaging consequence.

Book Global Economic Crisis

    Book Details:
  • Author : Alexis Arieff
  • Publisher : DIANE Publishing
  • Release : 2010-08
  • ISBN : 1437932789
  • Pages : 34 pages

Download or read book Global Economic Crisis written by Alexis Arieff and published by DIANE Publishing. This book was released on 2010-08 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: Sub-Saharan Africa has been strongly affected by the global recession, despite initial optimism that the global financial system would have few spillover effects on the continent. Contents of this report: (1) Recent Develop.; (2) Congressional Interest; (3) African Economies; Trends Prior to the Crisis; Develop. Challenges; (4) How the Crisis is Affecting Africa: Internat. Trade: Trade with the U.S., and with China; Capital Flows: Migrant Remittances; Foreign Aid; (5) Implications of the Crisis in Africa; Sub-Regional Variations; Fiscal and Trade Balances; Poverty Reduction; Food Security; Political Stability; (6) Internat. Efforts to Address the Impact of the Crisis on Africa; Developed Countries; Internat. Financial Inst.; World Bank; ADB; IMF; African Gov¿ts.

Book Africa s Pulse  No  21  Spring 2020

Download or read book Africa s Pulse No 21 Spring 2020 written by Cesar Calderon and published by World Bank Publications. This book was released on 2020-04-07 with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt: The COVID-19 pandemic has taken a toll on human life and brought major disruption to economic activity across the world. Despite a late arrival, the COVID-19 virus has spread rapidly across Sub-Saharan Africa in recent weeks. Economic growth in Sub-Saharan Africa is projected to decline from 2.4 percent in 2019 to -2.1 to -5.1 percent in 2020, the first recession in the region in 25 years. The coronavirus is hitting the region’s three largest economies —Nigeria, South Africa, and Angola— in a context of persistently weak growth and investment. In particular, countries that depend on oil and mining exports would be hit the hardest. The negative impact of the COVID-19 crisis on household welfare would be equally dramatic. African policymakers need to develop a two-pronged strategy of “saving lives and protecting livelihoods.†? This strategy includes relief measures and recovery measures aimed at strengthening health systems, providing income support to workers and liquidity support to viable businesses. However, financing of these policies will be challenging amid deteriorating fiscal positions and heightened public debt vulnerabilities. Therefore, African countries will require financial assistance from their development partners -including COVID-19 related multilateral assistance and a debt service stand still with creditors.

Book The Human Dimension of Africa s Persistent Economic Crisis

Download or read book The Human Dimension of Africa s Persistent Economic Crisis written by Adebayo Adedeji and published by Hans Zell Publishers. This book was released on 1990 with total page 424 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Africa s Multilateral Debt

    Book Details:
  • Author : All Party Parliamentary Group on Overseas Development
  • Publisher :
  • Release : 1994
  • ISBN :
  • Pages : 88 pages

Download or read book Africa s Multilateral Debt written by All Party Parliamentary Group on Overseas Development and published by . This book was released on 1994 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt: Measures of Debt Relief

Book The External Debt Crisis and Its Impact on Economic Gowth and Investment in Sub Saharan Africa

Download or read book The External Debt Crisis and Its Impact on Economic Gowth and Investment in Sub Saharan Africa written by and published by . This book was released on 2007 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Entwicklungsökonomen nehmen im Allgemeinen an, dass Entwicklungsländer in den ersten Stufen ihrer Entwicklung oft mit beschränkten eigenen Ressourcen konfrontiert sind, und daher von den entwickelten Ländern Kredite nehmen um ihre Wachstumsrate und Entwicklung zu steigern. Diese Finanzierungslücke hat Entwicklungsländer, insbesondere in Afrika südlich der Sahara, dazu gezwungen, hohe externe Schulden anzuhäufen, die sie nicht länger bedienen konnten. Weiters gibt es eine wachsende Sorge, dass die großen externen Schuldenrückzahlungen das ökonomische Wachstum und die Investitionen in den schwer verschuldeten Ländern behindern. Diese Dissertation untersucht daher den Einfluss externer Schulden auf das ökonomische Wachstum und die Investitionen in Afrika südlich der Sahara (ECOWAS) im Zeitraum 1980-1999. Im Gegensatz zu traditionellen Schulden- und Wachstumsstudien, die die räumliche Dimension nicht berücksichtigen, verwendet diese Studie räumliche autoregressive Wachstums- und Investitionsmodelle um den Effekt räumlicher Interaktion und räumlicher Abhängigkeit zwischen den Ländern während des Zeitraums der Krise zu untersuchen. Auf den oben genannten Annahmen aufbauend verwenden die Modelle externe Schuldenrückzahlungsraten und Gesamtschuldenraten, welche aus Datenbanken der Weltbank und der afrikanischen Entwicklungsbank extrahiert wurden, als Schlüssel- und Kontrollvariablen (zusammen mit anderen erklärenden Variablen). Die Schätzung beider Modelle führt zu gemischten Resultaten im Zeitablauf. Die Resultate deuten auf die Anwesenheit sowohl positiver, als auch negativer räumlicher Abhängigkeit in den ECOWAS-Ländern im Zeitablauf hin. Während die externe Schuldenrückzahlungsrate in den meisten Untersuchungsperioden in negativem Zusammenhang mit dem ökonomischen Wachstum steht, beeinflusst die Gesamtschuldenrate das ökonomische Wachstum in weniger Perioden als erwartet. In Hinblick auf öffentliche Investitionen hat die externe Schuldenrückzahlungsrate keinen Einfluss.

Book Global Waves of Debt

Download or read book Global Waves of Debt written by M. Ayhan Kose and published by World Bank Publications. This book was released on 2021-03-03 with total page 403 pages. Available in PDF, EPUB and Kindle. Book excerpt: The global economy has experienced four waves of rapid debt accumulation over the past 50 years. The first three debt waves ended with financial crises in many emerging market and developing economies. During the current wave, which started in 2010, the increase in debt in these economies has already been larger, faster, and broader-based than in the previous three waves. Current low interest rates mitigate some of the risks associated with high debt. However, emerging market and developing economies are also confronted by weak growth prospects, mounting vulnerabilities, and elevated global risks. A menu of policy options is available to reduce the likelihood that the current debt wave will end in crisis and, if crises do take place, will alleviate their impact.

Book The African Debt Crisis

Download or read book The African Debt Crisis written by Joshua E. Greene and published by . This book was released on 1990 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book The Debt Crisis in Africa

Download or read book The Debt Crisis in Africa written by E. Wayne Nafziger and published by . This book was released on 1993 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the 1970s, African nations have faced chronic economic stagnation, increased poverty, debt and growing inequality among the classes. This book examines attempts to alleviate these problems by such bodies as the World Bank and the International Monetary Fund (IMF), to name a few.

Book    The    External Debt Crisis and Its Impact on Economic Gowth and Investment in Sub Saharan Africa

Download or read book The External Debt Crisis and Its Impact on Economic Gowth and Investment in Sub Saharan Africa written by Dauda Foday Suma and published by . This book was released on 2007 with total page 406 pages. Available in PDF, EPUB and Kindle. Book excerpt: Entwicklungsökonomen nehmen im Allgemeinen an, dass Entwicklungsländer in den ersten Stufen ihrer Entwicklung oft mit beschränkten eigenen Ressourcen konfrontiert sind, und daher von den entwickelten Ländern Kredite nehmen um ihre Wachstumsrate und Entwicklung zu steigern. Diese Finanzierungslücke hat Entwicklungsländer, insbesondere in Afrika südlich der Sahara, dazu gezwungen, hohe externe Schulden anzuhäufen, die sie nicht länger bedienen konnten. Weiters gibt es eine wachsende Sorge, dass die großen externen Schuldenrückzahlungen das ökonomische Wachstum und die Investitionen in den schwer verschuldeten Ländern behindern. Diese Dissertation untersucht daher den Einfluss externer Schulden auf das ökonomische Wachstum und die Investitionen in Afrika südlich der Sahara (ECOWAS) im Zeitraum 1980-1999. Im Gegensatz zu traditionellen Schulden- und Wachstumsstudien, die die räumliche Dimension nicht berücksichtigen, verwendet diese Studie räumliche autoregressive Wachstums- und Investitionsmodelle um den Effekt räumlicher Interaktion und räumlicher Abhängigkeit zwischen den Ländern während des Zeitraums der Krise zu untersuchen. Auf den oben genannten Annahmen aufbauend verwenden die Modelle externe Schuldenrückzahlungsraten und Gesamtschuldenraten, welche aus Datenbanken der Weltbank und der afrikanischen Entwicklungsbank extrahiert wurden, als Schlüssel- und Kontrollvariablen (zusammen mit anderen erklärenden Variablen). Die Schätzung beider Modelle führt zu gemischten Resultaten im Zeitablauf. Die Resultate deuten auf die Anwesenheit sowohl positiver, als auch negativer räumlicher Abhängigkeit in den ECOWAS-Ländern im Zeitablauf hin. Während die externe Schuldenrückzahlungsrate in den meisten Untersuchungsperioden in negativem Zusammenhang mit dem ökonomischen Wachstum steht, beeinflusst die Gesamtschuldenrate das ökonomische Wachstum in weniger Perioden als erwartet. In Hinblick auf öffentliche Investitionen hat die externe Schuldenrückzahlungsrate keinen Einfluss.