کد مقاله | کد نشریه | سال انتشار | مقاله انگلیسی | نسخه تمام متن |
---|---|---|---|---|
986616 | 1480787 | 2011 | 23 صفحه PDF | دانلود رایگان |
عنوان انگلیسی مقاله ISI
Management and sustainability of external debt: A focus on the emerging economies of Africa
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کلمات کلیدی
موضوعات مرتبط
علوم انسانی و اجتماعی
اقتصاد، اقتصادسنجی و امور مالی
اقتصاد و اقتصادسنجی
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چکیده انگلیسی
African countries have had the notoriety of being characterized by unsustainable external debt. Despite several announced intents by world development agencies to reverse this trend, there appears to be only minimal progress. This paper points to failure to determine appropriate levels of sustainable external debt, inadequate effective governance infrastructure, and ineffective management of external shocks, as important reasons why Africa's external debt problems have persisted. We derive African-relevant thresholds for sustainable external debt, and highlight quantifiable improvements African countries can experience if they were to adopt better governance infrastructures and effective management of external shocks.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Review of Development Finance - Volume 1, Issues 3–4, July–December 2011, Pages 184–206
Journal: Review of Development Finance - Volume 1, Issues 3–4, July–December 2011, Pages 184–206
نویسندگان
Stella Muhanji, Kalu Ojah,