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Adjustment for Growth
			: The African Experience

Adjustment for Growth : The African Experience »

Series: Occasional Papers

Author(s): Amor Tahari , M. Nowak , Michael Hadjimichael , and Robert Sharer

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 October 1996

DOI: http://dx.doi.org/10.5089/9781557755667.084

ISBN: 9781557755667

Keywords: debt, interest, terms of trade, external debt, payments

Over the past two decades, sub-Saharan Africa has lagged behind other regions in economic performance. The important overall indicators of performance, however, mask wide differences among countries. On the whole,...

Back Matter

Back Matter »

Source: Adjustment for Growth : The African Experience

Series: Occasional Papers

Author(s): Amor Tahari , M. Nowak , Michael Hadjimichael , and Robert Sharer

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 October 1996

ISBN: 9781557755667

Keywords: debt, interest, terms of trade, external debt, payments

Over the past two decades, sub-Saharan Africa has lagged behind other regions in economic performance. The important overall indicators of performance, however, mask wide differences among countries. On the whole,...

Front Matter

Front Matter »

Source: Adjustment for Growth : The African Experience

Series: Occasional Papers

Author(s): Amor Tahari , M. Nowak , Michael Hadjimichael , and Robert Sharer

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 October 1996

ISBN: 9781557755667

Keywords: debt, interest, terms of trade, external debt, payments

Over the past two decades, sub-Saharan Africa has lagged behind other regions in economic performance. The important overall indicators of performance, however, mask wide differences among countries. On the whole,...

6 An Econometric Analysis of External Debt and Economic Growth in Sub-Saharan African Countries

6 An Econometric Analysis of External Debt and Economic Growth in Sub-Saharan African Countries »

Source: External Debt and Capital Flight in Sub-Saharan Africa

Series: Books

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 May 2000

ISBN: 9781557757913

Keywords: debt, external debt, interest, capital flight, payments

Socioeconomic conditions in African countries deteriorated sharply during the 1980s, a decade that is widely regarded as Africa’s “lost decade” of development opportunities. Available empirical evidence show...

7 Capital Flight and External Debt in Nigeria

7 Capital Flight and External Debt in Nigeria »

Source: External Debt and Capital Flight in Sub-Saharan Africa

Series: Books

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 May 2000

ISBN: 9781557757913

Keywords: debt, external debt, interest, capital flight, payments

Over the last few years, many heavily indebted countries have experienced heavy capital outflows or capital flight, and capital flight has become an important topic for detailed study in some of these countr...

9 Capital Flight from Tanzania

9 Capital Flight from Tanzania »

Source: External Debt and Capital Flight in Sub-Saharan Africa

Series: Books

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 May 2000

ISBN: 9781557757913

Keywords: debt, external debt, interest, capital flight, payments

This chapter focuses on the measurement and determination of capital flight from Tanzania. Capital flight has been regarded as a major reason for the mounting foreign debt problems and inhibition of developm...

8 Capital Flight from Uganda, 1971–94: Estimates, Causes, and Consequences

8 Capital Flight from Uganda, 1971–94: Estimates, Causes, and Consequences »

Source: External Debt and Capital Flight in Sub-Saharan Africa

Series: Books

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 May 2000

ISBN: 9781557757913

Keywords: debt, external debt, interest, capital flight, payments

One of the major characteristics of the economic crisis in Africa in the past two decades is external disequilibrium, manifested in persistent current account deficits in virtually all sub-Saharan African ec...

10 Capital Flight in Kenya

10 Capital Flight in Kenya »

Source: External Debt and Capital Flight in Sub-Saharan Africa

Series: Books

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 May 2000

ISBN: 9781557757913

Keywords: debt, external debt, interest, capital flight, payments

The withholding of quick-disbursing aid by donors in November 1991 contributed to one of the worst episodes of balance of payments crisis in Kenya’s history. The crisis brought to the fore the debate on capi...

Determinants of Bank Interest Margins in Sub-Saharan Africa

Determinants of Bank Interest Margins in Sub-Saharan Africa »

Source: Determinants of Bank Interest Margins in Sub-Saharan Africa

Volume/Issue: 2013/34

Series: IMF Working Papers

Author(s): Calixte Ahokpossi

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 31 January 2013

ISBN: 9781475551136

Keywords: Banks interest margins, commercial banks, market structure, banking, foreign ownership, bank interest, bank interest margins, Financial Markets and the Macroeconomy, General,

Financial intermediation is low in sub-Saharan Africa (SSA) compared to other regions of the world. This paper examines the determinants of bank interest margins using a sample of 456 banks in 41 SSA countries. The...

The Dynamic Implications of Debt Relief for Low-Income Countries

The Dynamic Implications of Debt Relief for Low-Income Countries »

Source: The Dynamic Implications of Debt Relief for Low-Income Countries

Volume/Issue: 2011/157

Series: IMF Working Papers

Author(s): Ales Bulir , Alma Romero-Barrutieta , and Jose Daniel Rodríguez-Delgado

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 2011

ISBN: 9781455293711

Keywords: general equilibrium model, small open economy, debt, debt-relief, interest, relief mechanism, International Lending and Debt Problems, Open Economy Macroeconomics,

The effects of debt relief on incentives to accumulate debt, consume, and invest are an important concern for donors and recipients. Using a dynamic stochastic general equilibrium model of a small open economy with...