The External Debt Crisis and Its Impact on Economic Growth and Investment in Sub-Saharan Africa

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ISBN 13 :
Total Pages : 204 pages
Book Rating : 4.:/5 (836 download)

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Book Synopsis The External Debt Crisis and Its Impact on Economic Growth and Investment in Sub-Saharan Africa by : Dauda Foday Suma

Download or read book The External Debt Crisis and Its Impact on Economic Growth and Investment in Sub-Saharan Africa written by Dauda Foday Suma and published by . This book was released on 2007 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Sub-Saharan Africa's External Debt Crisis: An exposition of the origins and causal factors

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Publisher :
ISBN 13 :
Total Pages : 72 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Sub-Saharan Africa's External Debt Crisis: An exposition of the origins and causal factors by : M. S. Mukras

Download or read book Sub-Saharan Africa's External Debt Crisis: An exposition of the origins and causal factors written by M. S. Mukras and published by . This book was released on 2001 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt:

External Assistance and Policies for Growth in Africa

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Publisher : International Monetary Fund
ISBN 13 : 9781557755254
Total Pages : 104 pages
Book Rating : 4.7/5 (552 download)

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Book Synopsis External Assistance and Policies for Growth in Africa by : Mrs.Claire Liuksila

Download or read book External Assistance and Policies for Growth in Africa written by Mrs.Claire Liuksila and published by International Monetary Fund. This book was released on 1995-12-15 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt: This booklet is a collection of papers presented at a seminar on policies for growth in Africa, held in Paris in February 1995 and sponsored by the Ministry of Finance of Japan. The seminar focused on four broad themes: how to enable the private sector to play a lead role in the growth process in Africa; how to boost domestic savings and help the financial sector to contribute to the mobilization and efficient us of resources; how to facilitate foreign aid and make it more effective; and, what are the essential elements of sound debt management practices?

External Debt and Economic Growth in Sub-Saharan African Countries

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Publisher :
ISBN 13 :
Total Pages : 76 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis External Debt and Economic Growth in Sub-Saharan African Countries by : Milton A. Iyoha

Download or read book External Debt and Economic Growth in Sub-Saharan African Countries written by Milton A. Iyoha and published by . This book was released on 1999 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Global Economic Crisis

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Publisher : DIANE Publishing
ISBN 13 : 1437932789
Total Pages : 34 pages
Book Rating : 4.4/5 (379 download)

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Book Synopsis Global Economic Crisis by : Alexis Arieff

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.

Sub-Saharan Africa's External Debt Crisis: The dimension of economic decline

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Publisher :
ISBN 13 :
Total Pages : 86 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Sub-Saharan Africa's External Debt Crisis: The dimension of economic decline by : M. S. Mukras

Download or read book Sub-Saharan Africa's External Debt Crisis: The dimension of economic decline written by M. S. Mukras and published by . This book was released on 2001 with total page 86 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Impact of External Debt on Economic Growth in Kenya

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Publisher :
ISBN 13 :
Total Pages : 28 pages
Book Rating : 4.3/5 (129 download)

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Book Synopsis The Impact of External Debt on Economic Growth in Kenya by : Maureen Were

Download or read book The Impact of External Debt on Economic Growth in Kenya written by Maureen Were and published by . This book was released on 2001 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt:

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

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Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (648 download)

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

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.

Impacts of Africa's Growing Debt on Its Growth

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Publisher :
ISBN 13 :
Total Pages : 58 pages
Book Rating : 4.:/5 (319 download)

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Book Synopsis Impacts of Africa's Growing Debt on Its Growth by : Siddig A. Salih

Download or read book Impacts of Africa's Growing Debt on Its Growth written by Siddig A. Salih and published by . This book was released on 1994 with total page 58 pages. Available in PDF, EPUB and Kindle. Book excerpt:

External Debt and Capital Flight in Sub-Saharan Africa

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Author :
Publisher : International Monetary Fund
ISBN 13 : 9781557757913
Total Pages : 336 pages
Book Rating : 4.7/5 (579 download)

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Book Synopsis External Debt and Capital Flight in Sub-Saharan Africa by : Mr.Mohsin S. Khan

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.

The African Debt Crisis

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Publisher : Routledge
ISBN 13 : 1136887814
Total Pages : 203 pages
Book Rating : 4.1/5 (368 download)

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Book Synopsis The African Debt Crisis by : Trevor W. Parfitt

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.

Debt, Development, and Equity in Africa

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Publisher : University Press of America
ISBN 13 : 9780819193124
Total Pages : 244 pages
Book Rating : 4.1/5 (931 download)

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Book Synopsis Debt, Development, and Equity in Africa by : Karamo N. M. Sonko

Download or read book Debt, Development, and Equity in Africa written by Karamo N. M. Sonko and published by University Press of America. This book was released on 1994 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book assesses the impact of the African debt crisis on poverty. The author studies the relationship between debt and socio-economic development in Sub-Saharan Africa. Furthermore, Sonko analyzes the impact of debt-induced expenditure adjustments, including budgetary retrenchment in an African economy undergoing structural adjustment. Sustainable, self-reliant development, debt relief, and the redesign of structural adjustment programs to make them less controversial and more effective in Africa are required. The overall analysis is conducted with a view to what the author refers to as the "state of global interconnectedness," implying the need for global economic policy coordination and assistance in finding solutions to Africa's development problems. Contents: The Debt Burden: Trends, Causes and Comparative Analysis; Debt and Development; Debt, Adjustment and Equity; Structural Adjustment Programs: Criticisms, Evolution and Forms for the 1990s; The African Debt Crisis: What Can and Should be Done? Summary and Concluding Remarks; Appendix; Bibliography; Index.

Africa's Pulse, No. 21, Spring 2020

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Publisher : World Bank Publications
ISBN 13 : 1464815682
Total Pages : 136 pages
Book Rating : 4.4/5 (648 download)

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Book Synopsis Africa's Pulse, No. 21, Spring 2020 by : Cesar Calderon

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.

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

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Publisher : International Monetary Fund
ISBN 13 : 1451961111
Total Pages : 63 pages
Book Rating : 4.4/5 (519 download)

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Book Synopsis An Analysis of External Debt and Capital Flight in the Severely Indebted Low Income Countries in Sub-Saharan Africa by : Mr.Simeon Inidayo Ajayi

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.

Growth and External Debt Management

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Publisher : Springer
ISBN 13 : 1349109444
Total Pages : 291 pages
Book Rating : 4.3/5 (491 download)

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Book Synopsis Growth and External Debt Management by : H.W. Singer

Download or read book Growth and External Debt Management written by H.W. Singer and published by Springer. This book was released on 1989-06-18 with total page 291 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume contains a series of 21 papers presented at the International Conference of Economists, held at the University of Zagreb, Yugoslavia. The contributors discuss policy issues of macro-economic managment and offer general and overall approaches to the debt and growth problems of the 1980s.

“The” External Debt Crisis and Its Impact on Economic Gowth and Investment in Sub-Saharan Africa

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Publisher :
ISBN 13 :
Total Pages : 406 pages
Book Rating : 4.:/5 (648 download)

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Book Synopsis “The” External Debt Crisis and Its Impact on Economic Gowth and Investment in Sub-Saharan Africa by : Dauda Foday Suma

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.

External Debt and Economic Growth in Sub-Saharan Africa

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Author :
Publisher : LAP Lambert Academic Publishing
ISBN 13 : 9783844319828
Total Pages : 80 pages
Book Rating : 4.3/5 (198 download)

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Book Synopsis External Debt and Economic Growth in Sub-Saharan Africa by : Atakilt Hagos

Download or read book External Debt and Economic Growth in Sub-Saharan Africa written by Atakilt Hagos and published by LAP Lambert Academic Publishing. This book was released on 2011-03 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt: The effect of external debt on economic growth has been among the contentious issues. Based on panel data for 44 Sub-Saharan African countries for a period of over 30 years, this book reveals that external debt stock and debt services are found to have a statistically significant negative impact on economic growth especially at higher debt levels of debt/GDP ratio. The growth maximizing level of debt stock ranges from 25% to 45% of GDP. Furthermore, external debt affected growth by adversely affecting human capital formation. Debt service payments are also found to have the "crowding out" effects on private investment. The implication of these findings is that countries in Africa should align their public policies towards maintaining a sustainable level of indebtedness, improve the quality of their man power, enhance good governance and control corruption. In addition to the provision of new loans, developed countries and multilateral institutions should foster development cooperation and fairer trade for Africa. Postgraduate students and other researchers will benefit by reading this book as it adds value to the theoretical and empirical literature on external debt.