External Debt and Capital Flight in Sub-Saharan Africa

May 12, 2000

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External Debt and Capital Flight in Sub-Saharan Africa, (USA: International Monetary Fund, 2000) accessed November 23, 2024

Summary

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.

Subject: Balance of payments, Capital outflows, Debt burden, Debt service, External debt, Foreign exchange

Keywords: Africa, BOOK, Capital flight estimate, Capital outflows, Caribbean, Debt, Debt burden, Debt problem, Debt service, East Asia, Flight of capital, Foreign exchange, Global, North Africa, Structural adjustment, Sub-Saharan Africa

Publication Details

Pages:

336
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Books
Stock No:

EDCFEA0000000
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