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Book Cover
E-book

Title External debt and capital flight in Sub-Saharan Africa / editors, S. Ibi Ajayi, Mohsin S. Khan
Published Washington, D.C. : IMF Institute, International Monetary Fund, [2000]
©2000

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Description 1 online resource (vii, 321 pages) : illustrations
Contents ""Contents""; ""Preface""; ""1. Introduction""; ""Part I: External Debt""; ""2. Macroeconomic Approach to External Debt: The Case of Nigeria""; ""3. Ghana: The Burden of Debt-Service Payment Under Structural Adjustment""; ""4. Growth and Foreign Debt: The Ugandan Experience""; ""5. The External Debt Problem of Kenya""; ""6. An Econometric Analysis of External Debt and Economic Growth in Sub-Saharan African Countries""; ""Part II: Capital Flight""; ""7. Capital Flight and External Debt in Nigeria""; ""8. Capital Flight from Uganda, 1997-94""; ""9. Capital Flight from Tanzania""
Summary The economic problems afflicting Africa in general are many and varied. Among these, the twin problems of mounting external debt and large-scale capital flight have been at the forefront since at least the 1980s. The papers in this volume analyze these problems for a selected group of sub-Saharan African countries. All the studies were sponsored by the African Economic Research Consortium (AERC) in the period 1989-97. The various analyses of the different countries are brought together here to highlight common themes, and to compare and contrast the experiences of different countries. The issues raised in these papers still remain relevant to the countries today, and indeed apply to many other African countries as well
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
Bibliography Includes bibliographical references
Notes English
Print version record
Subject Debts, External -- Africa, Sub-Saharan
Capital movements -- Africa, Sub-Saharan
BUSINESS & ECONOMICS -- Public Finance.
Capital movements
Debts, External
Kapitalflucht
Aufsatzsammlung
Auslandsschulden
Kapitaalvlucht.
Buitenlandse schulden.
Sub-Saharan Africa
Subsaharisches Afrika
Form Electronic book
Author Ajayi, Simeon Ibidayo, editor.
Khan, Mohsin S., editor.
IMF Institute.
International Monetary Fund, issuing body.
LC no. 00690562
ISBN 9781455225484
1455225487
1462307876
9781462307876
1455239682
9781455239689