results
Publication
"This paper analyses Uganda’s external debt problem. Like many other countries in the sub-Saharan Africa, Uganda is a severely indebted low-income country. Uganda’s total debt stock at end June 1993 was estimated at US$2.64 billion, with a debt se…
Publication
The Lomé convention governs relations between 70 African, Caribbean and Pacific countries, all former colonies of members of the European Union. Most of these countries are in Africa. This update looks at the reasons for the existence of the Conve…
Publication
"This project provides an in-depth case analysis of Chinese aid and development assistance as well as international aid to Sudan and explains that aid constitutes one of the key channels through which the impact of China economic growth are transmit…
Publication
"One of the greatest problems facing many Sub-Saharan African countries today is the amount of their external indebtedness. The external debt problem is becoming more acute for a number of reasons. First, the size of the debt relative to the size…
Publication
Economic growth in Latin America has been cyclical. Unsustainable growth rates have earned the region a reputation of being an unstable long-term investment destination. Despite this, enormous business potential exists in Latin America. There are a …
Publication
This Southern Africa Record contains the following texts: AFRICA – GENERAL: African Charter for Popular Participation in Development and Transformation, Arusha, Tanzania, 12-16 February 1990; The Abidjan Declaration on Debt Relief, Recovery and Demo…
Publication
"Small grants are out of fashion – in big countries. As G8 industrialised nations move towards their target of doubling foreign aid to Africa by 2010, development policy has been revamped to accommodate a steep increase in aid budgets. Big money ne…
Publication
In ‘Eurobonds: Weighing Risks against gains’ there has been recent media speculation about the government issuing another Eurobond – the third in two years. This has resulted in apprehensions in some quarters of the economy regarding the risks assoc…
Publication
Particularly prevalent among African officialdom, there is a disturbing mindset, that somehow development is impossible without the intervention of foreign aid. The former President of the Republic of Zambia, Kenneth Kaunda, wept before the General …
Publication
"In recent times there has been debate on Zambia’s steadily growing external debt. This comes in the wake of debt relief efforts of the Highly Indebted Poor Country (HIPC) and Multilateral Debt Relief (MDR) initiatives which saw a reduction of the …
Publication
"Following three decades of economic mismanagement and decline, Zambia has experienced sustained economic growth since the turn of the century. The combination of rapid growth, reduced public expenditure, increased mining taxation and debt relief he…
Publication
" This paper examines the financial and by extension the economic sustainability of the existing debt using non-technical analysis and a simplified narrative.The motivation of this note was to shed light on the extent to which one should worry abou…
Publication
President Bush has been rightly lauded for his visionary initiative to establish a Millennium Challenge Account (MCA) that would increase U.S. resources directed toward the most promising development investments. The administration's proposal to use…
Publication
The HIPC, established by the International Monetary Fund (IMF) and World Bank in 1996, provided multilateral debt relief to several poor, developing countries, mainly in Africa, with unsustainable external debt burdens. The HIPC comprised a two-stag…
Publication
Debt sustainability among the 30 African low-income countries that previously received debt relief has deteriorated sharply. More than one-third are either back in, or at high risk of, debt distress. Outcomes of the 2017 review of the International …
Publication
Our analysis suggests that, while another systemic sovereign debt crisis is not imminent, the rapid pace of the debt increase, as well as important changes in its structure and design features compared with that of the HIPC/MDRI era are concerning. …
Publication
Nigeria’s total public debt stock rose continuously from NGN8.32 trillion in September 2013 to NGN22.7 trillion in March 2017. The high debt made the World Bank and the International Monetary Fund (IMF) warn the country of the economic consequences …
Publication
Africa has major development aspirations in the broader context of a global and continental economic development agenda. This calls for substantial financial resources at a time when the global development finance landscape is changing, from a mod…
Publication
Zambia’s current legal framework for public debt management is inadequate. The high level of external debt standing at US$11.2 billion and domestic debt at K80.2 billion due to fast pace of debt contraction; the resulting heightened risk of debt dis…
Publication
This report seeks to highlight trends in key debt management measures for a selected number of African countries with debt management problems (Central African Republic, Chad, Ghana, Mozambique, Senegal and Zambia). Extra analysis on Ghana is presen…
Showing page 1 of 3
Next page