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6 An Analysis of External Debt and Capital Flight in the Heavily Indebted Poor Countries of Sub-Saharan Africa »
Source: External Finance for Low-Income Countries
Series: Books
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 12 September 1997
ISBN: 9781451957198
Keywords: debt, external debt, creditors, debt relief, debt overhang
The African debt crisis, like its Latin American counterpart, started in the early 1980s and still continues. Debt was a big issue in the 1980s when the international financial system appeared threatened by...
8 Debt Relief for Heavily Indebted Poor Countries: Lessons from the Debt Crisis of the 1980s »
Source: External Finance for Low-Income Countries
Series: Books
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 12 September 1997
ISBN: 9781451957198
Keywords: debt, external debt, creditors, debt relief, debt overhang
The official financial community has adopted in principle a historic Initiative to forgive a large portion of the debt owed by the most severely indebted of the heavily indebted poo...
9 Assessing the Efficiency of Mechanisms for Dealing with the Debt Problems of Low-Income Countries »
Source: External Finance for Low-Income Countries
Series: Books
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 12 September 1997
ISBN: 9781451957198
Keywords: debt, external debt, creditors, debt relief, debt overhang
It is now a decade and a half since Mexico nearly defaulted on its external obligations and the “debt crisis” hit began. There was, of course, more than one type of debt crisis, and...
5 Debt Overhang and Economic Growth in Sub-Saharan Africa »
Source: External Finance for Low-Income Countries
Series: Books
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 12 September 1997
ISBN: 9781451957198
Keywords: debt, external debt, creditors, debt relief, debt overhang
There has been significant progress in the past several years toward establishing a common understanding and appreciation of the critical features and severity of the African debt problem. It is now widely a...
12 Private Capital Flows to Sub-Saharan Africa: An Overview of Trends and Determinants »
Source: External Finance for Low-Income Countries
Series: Books
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 12 September 1997
ISBN: 9781451957198
Keywords: debt, external debt, creditors, debt relief, debt overhang
The surge in private capital flows to developing countries during the 1990s has largely bypassed sub-Saharan Africa. In sharp contrast to the earlier lending boom of 1977–82, when s...
4 Analytical Aspects of the Debt in Problems of Heavily Indebted Poor Countries »
Source: External Finance for Low-Income Countries
Series: Books
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 12 September 1997
ISBN: 9781451957198
Keywords: debt, external debt, creditors, debt relief, debt overhang
After a difficult period following the onset of the debt crisis in 1982, the debt situation of most middle-income debtor countries has improved substantially. However, a group of low-income countries, most o...