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Source: Africa : Adjustment to the Challenges of Globalization

Series: Books

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 11 January 1999

ISBN: 9781557758293

Keywords: banking, expenditure, trade liberalization, civil service, banking system

Gray Mgonja There are two underlying issues raised in Luca Barbone’s paper. The first is that given resource constraints, governments have to prioritize public expenditures. The seco...

11 Prospects for Increasing Foreign Direct Investment in Low-Income Countries

11 Prospects for Increasing Foreign Direct Investment in 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

The increase in the share of private flows and the decrease in the share of official flows to developing countries means a shift from a political universe of discourse to a voluntar...

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...