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External Debt Problem of Sub-Saharan Africa

External Debt Problem of Sub-Saharan Africa »

Source: Analytical Issues in Debt

Series: Books

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 March 1989

ISBN: 9781557750419

Keywords: debt, interest, creditors, debt relief, payments

MOST OF THE RECENT discussion of external debt problems of developing countries has centered on middle-income countries, particularly those in Latin America. Apart f...

Official Debt Reduction: Toronto Terms, Trinidad Terms, and Netherlands Initiative

Official Debt Reduction: Toronto Terms, Trinidad Terms, and Netherlands Initiative »

Source: Policies for African Development : From the 1980s to the 1990s

Series: Books

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 December 1992

ISBN: 9781557752321

Keywords: debt, debt relief, payments, debt service

Francesco Abbate and Anh-Nga Tran-Nguyen * The Setting In 1988, Paris Club creditors introduced the “Toronto terms,” a major policy adv...

A View from Africa

A View from Africa »

Source: Policies for African Development : From the 1980s to the 1990s

Series: Books

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 December 1992

ISBN: 9781557752321

Keywords: debt, debt relief, payments, debt service

Economic distortions affecting the balance of payments in the late 1970s, particularly the sharp shift in the terms of trade, spurred an increasing number of African countries to undertake both stabilization...

A View from the IMF

A View from the IMF »

Source: Policies for African Development : From the 1980s to the 1990s

Series: Books

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 December 1992

ISBN: 9781557752321

Keywords: debt, debt relief, payments, debt service

The Context for Adjustment The performance of the African economies in the last two decades, and of sub-Saharan Africa in particular, has been disappointing. 1...

Just How Important Is Finance for African Development?

Just How Important Is Finance for African Development? »

Source: Policies for African Development : From the 1980s to the 1990s

Series: Books

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 December 1992

ISBN: 9781557752321

Keywords: debt, debt relief, payments, debt service

Evidence for the Unimportance of Finance The paper by the Economic Commission for Africa (ECA) presents an overtly gloomy view of Africa’s economic prospects, seeing difficulties on...

An Unofficial View

An Unofficial View »

Source: Policies for African Development : From the 1980s to the 1990s

Series: Books

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 December 1992

ISBN: 9781557752321

Keywords: debt, debt relief, payments, debt service

G. K. Helleiner * The most important element in the emerging consensus on the requirements for economic development for sub-Saharan Africa is the adoption by po...

6 An Analysis of External Debt and Capital Flight in the Heavily Indebted Poor Countries of Sub-Saharan Africa

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

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

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

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...