External Debt And Capital Flight In Sub Saharan Africa
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An Analysis Of External Debt And Capital Flight In The Severely Indebted Low Income Countries In Sub Saharan Africa
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Author : Mr.Simeon Inidayo Ajayi
language : en
Publisher: International Monetary Fund
Release Date : 1997-06-01
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 has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997-06-01 with Business & Economics categories.
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.
External Debt And Capital Flight In Sub Saharan Africa
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Author : Mr.Mohsin S. Khan
language : en
Publisher: International Monetary Fund
Release Date : 2000-05-12
External Debt And Capital Flight In Sub Saharan Africa written by Mr.Mohsin S. Khan and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000-05-12 with Business & Economics categories.
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.
Africa S Odious Debts
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Author : Professor Léonce Ndikumana
language : en
Publisher: Zed Books Ltd.
Release Date : 2011-10-13
Africa S Odious Debts written by Professor Léonce Ndikumana and has been published by Zed Books Ltd. this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-10-13 with Social Science categories.
In Africa's Odious Debts, Boyce and Ndikumana reveal the shocking fact that, contrary to the popular perception of Africa being a drain on the financial resources of the West, the continent is actually a net creditor to the rest of the world. The extent of capital flight from sub-Saharan Africa is remarkable: more than $700 billion in the past four decades. But Africa’s foreign assets remain private and hidden, while its foreign debts are public, owed by the people of Africa through their governments. Léonce Ndikumana and James K. Boyce reveal the intimate links between foreign loans and capital flight. Of the money borrowed by African governments in recent decades, more than half departed in the same year, with a significant portion of it winding up in private accounts at the very banks that provided the loans in the first place. Meanwhile, debt-service payments continue to drain scarce resources from Africa, cutting into funds available for public health and other needs. Controversially, the authors argue that African governments should repudiate these ‘odious debts’ from which their people derived no benefit, and that the international community should assist in this effort. A vital book for anyone interested in Africa, its future and its relationship with the West.
Capital Flight From Africa
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Author : Simeon Ibidayo Ajayi
language : en
Publisher: Oxford University Press, USA
Release Date : 2015
Capital Flight From Africa written by Simeon Ibidayo Ajayi and has been published by Oxford University Press, USA this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015 with Business & Economics categories.
A comprehensive thematic analysis of capital flight from Africa, it covers the role of safe havens, offshore financial centres, and banking secrecy in facilitating illicit financial flows and provides rich insights to policy makers interested in designing strategies to address the problems of capital flight and illicit financial flows
Sub Saharan Africa S External Debt Crisis An Exposition Of The Origins And Causal Factors
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Author : M. S. Mukras
language : en
Publisher:
Release Date : 2001
Sub Saharan Africa S External Debt Crisis An Exposition Of The Origins And Causal Factors written by M. S. Mukras and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001 with Africa, Sub-Saharan categories.
Macroeconomic Approach To External Debt
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Author : Simeon Ibidayo Ajayi
language : en
Publisher:
Release Date : 1991
Macroeconomic Approach To External Debt written by Simeon Ibidayo Ajayi and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1991 with Debts, External categories.
Covers the period from 1970 to 1988.
The External Debt Problem Of Sub Saharan Africa
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Author : International Monetary Fund
language : en
Publisher: International Monetary Fund
Release Date : 1989-03-17
The External Debt Problem Of Sub Saharan Africa written by International Monetary Fund and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 1989-03-17 with Business & Economics categories.
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.
The Debt Crisis In Africa
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Author : E. Wayne Nafziger
language : en
Publisher:
Release Date : 1993
The Debt Crisis In Africa written by E. Wayne Nafziger and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1993 with Business & Economics categories.
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.
Beyond Aid New Sources And Innovative Mechanisms For Financing Development In Sub Saharan Africa
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Author : dilip ratha, sanket mahaparra, sonia plaza
language : en
Publisher: World Bank Publications
Release Date : 2008
Beyond Aid New Sources And Innovative Mechanisms For Financing Development In Sub Saharan Africa written by dilip ratha, sanket mahaparra, sonia plaza and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008 with categories.
Debt Relief For Sub Saharan Africa
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Author : United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on International Development, Finance, Trade, and Monetary Policy
language : en
Publisher:
Release Date : 1994
Debt Relief For Sub Saharan Africa written by United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on International Development, Finance, Trade, and Monetary Policy and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1994 with Business & Economics categories.