Sub-Saharan Africa's External Debt Crisis: An assessment of the burden of external debt
Author : M. S. Mukras
Publisher :
Page : 56 pages
File Size : 37,8 MB
Release : 2001
Category : Africa, Sub-Saharan
ISBN :
Author : M. S. Mukras
Publisher :
Page : 56 pages
File Size : 37,8 MB
Release : 2001
Category : Africa, Sub-Saharan
ISBN :
Author : M. Ayhan Kose
Publisher : World Bank Publications
Page : 403 pages
File Size : 35,68 MB
Release : 2021-03-03
Category : Business & Economics
ISBN : 1464815453
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.
Author : World Bank
Publisher : World Bank Publications
Page : 227 pages
File Size : 37,45 MB
Release : 2020-12-21
Category : Business & Economics
ISBN : 1464816115
International Debt Statistics (IDS), a long-standing annual publication of the World Bank, features external debt statistics and analysis for the 120 low- and middle-income countries that report to the World Bank Debtor Reporting System. IDS 2021 includes (1) an overview analyzing global trends in debt stocks of and debt flows to low- and middle-income countries within the framework of aggregate capital flows (debt and equity); (2) a feature story on the World Bank and International Monetary Fund Debt Service Suspension Initiative in response to the COVID-19 pandemic; (3) tables and charts detailing debtor and creditor composition of debt stock and flows, terms of new commitments, and maturity structure of future debt service payments and debt burdens, measured in relation to gross national income and export earnings for each country; (4) one-page summaries per country, plus global, regional, and income group aggregates showing debt stocks and flows, relevant debt indicators, and metadata for six years (2009 and 2015†“19); and (5) a user guide describing the tables and content, definitions and rationale for the country and income groupings used in the report, data notes, and information about additional resources and comprehensive data sets available to users online. Unique in its coverage of the important trends and issues fundamental to the financing of low- and middle-income countries, IDS 2021 is an indispensable resource for governments, economists, investors, financial consultants, academics, bankers, and the entire development community. For more information on IDS 2021 and related products, please visit the World Bank’s Data Catalog at https://datacatalog.worldbank.org/dataset/international-debt-statistics.
Author : Maureen Were
Publisher :
Page : 28 pages
File Size : 27,82 MB
Release : 2001
Category : Debts, External
ISBN :
Author : World Bank
Publisher : International Monetary Fund
Page : 106 pages
File Size : 35,19 MB
Release : 2007-10-15
Category : Business & Economics
ISBN : 1498333281
This report provides an update on the status of implementation, impact and costs of the enhanced Heavily Indebted Poor Country (HIPC) Initiative and the Multilateral Debt Relief Initiative (MDRI) since mid-2006. It also discusses the status of creditor participation in both initiatives and the issue of litigation of commercial creditors against HIPCs.
Author : Mr.Mohsin S. Khan
Publisher : International Monetary Fund
Page : 336 pages
File Size : 23,17 MB
Release : 2000-05-12
Category : Business & Economics
ISBN : 9781557757913
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.Mauro Mecagni
Publisher : International Monetary Fund
Page : 37 pages
File Size : 15,69 MB
Release : 2014-06-04
Category : Business & Economics
ISBN : 1475523106
This African Department Paper examines the rise in international sovereign bonds issued by African frontier economies and recommends policies for potential first-time issuers.
Author : Luc Eyraud
Publisher : International Monetary Fund
Page : 85 pages
File Size : 24,70 MB
Release : 2021-06-08
Category : Business & Economics
ISBN : 1513576518
Sub-Saharan African countries are facing an unprecedented health and economic crisis that is likely to severely hurt credit quality and raise non-performing loans from already high levels. Banks have a critical role to play not only during the crisis by providing temporarily relief to businesses and households, but also during the recovery by supporting economic activity and facilitating the structural transformations engaged by the pandemic.
Author : Alfred Greiner
Publisher : Springer Science & Business Media
Page : 148 pages
File Size : 10,94 MB
Release : 2009-07-24
Category : Business & Economics
ISBN : 3642017452
Starting point of this book is the observation that an increase in public debt must be accompanied by a rise in the primary surplus of the government to guarantee sustainability of public debt. The book first elaborates on that principle from a theoretical point of view and then tests whether empirical evidence for that rule can be found. Additional tests are implemented to gain further evidence on sustainability of public debt. In order to allow for time varying coefficients penalized spline estimations are performed. The theoretical chapters present endogenous growth models and assume that the primary surplus rises as public debt increases so that sustainability of public debt is given. Implications of public deficits and debt are studied assuming full employment and for unemployment. The conclusion summarizes the findings and compares the results of the different models. Finally, policy implications are given showing how governments should deal with high public debt to GDP ratios.
Author : World Bank
Publisher :
Page : 324 pages
File Size : 41,48 MB
Release : 1989
Category : Business & Economics
ISBN :
3. Investing in people.