University Of Zambia Online Public Access Catalogue
The external debt of Sub-Saharan Africa: Origins, magnitude and implications for action.
By: Krumn, Kathie L.
Material type:
BookSeries: World Bank Staff working papers no. 741. Publisher: Washington : World Bank, 1985Subject(s): Debt | External debt -- Sub-Saharan Africa. -- External debt -- Sub-Saharan AfricaSummary: This paper discusses the Sub-Saharan Africa external debt problem. It points to some mistakes that led to the problem such as excessive responses to favourable but probably temporary terms of trade shifts, inflexible public expenditure programs, investments directed primary by availability of external financing and delays in macroeconomic adjustment supported by non concessionary financing.
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Book
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INESOR Library On Shelf | XX(11986.1) (Browse shelf) | 1 | Available | 11986-1001 |
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This paper discusses the Sub-Saharan Africa external debt problem. It points to some mistakes that led to the problem such as excessive responses to favourable but probably temporary terms of trade shifts, inflexible public expenditure programs, investments directed primary by availability of external financing and delays in macroeconomic adjustment supported by non concessionary financing.
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