6 An Econometric Analysis of External Debt and Economic Growth in Sub-Saharan African Countries
Author: Milton A. Iyoha
Language:
English
Keywords:
BOOK; debt; flight of capital; foreign exchange; structural adjustment; debt problem; capital flight estimate; Capital outflows; Debt burden; Debt service; Sub-Saharan Africa; Africa; Global; East Asia; North Africa; Caribbean

Abstract

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.

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Cover External Debt and Capital Flight in Sub-Saharan Africa
External Debt and Capital Flight in Sub-Saharan Africa
Editor: Mr. Mohsin S. Khan and Mr. Simeon Inidayo Ajayi
ISBN:
9781557757913
Publication Date:
12 May 2000
Publisher:
International Monetary Fund
DOI:
https://doi.org/10.5089/9781557757913.071
Pages:
336