1.

Record Nr.

UNINA9910788589303321

Autore

Parfitt Trevor W.

Titolo

The African debt crisis / / Trevor W. Parfitt and Stephen P. Riley

Pubbl/distr/stampa

London ; ; New York : , : Routledge, , 2011

©1989

ISBN

1-136-88781-4

0-203-83989-7

Descrizione fisica

1 online resource (358 p.)

Collana

Routledge library editions. Development ; ; volume 16

Disciplina

336.3435096

Soggetti

Debts, Public - Africa

Debts, External - Africa

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

"First published in 1989"--T.p. verso.

Nota di bibliografia

Includes bibliographical references and index.

Nota di contenuto

Cover; Title; Copyright; Dedication; Original Title; Original Copyright; Contents; List of tables and figures; Preface and acknowledgements; Introduction; 1 The nature of African debt; 2 The politics of external policy direction; 3 Nigeria: the circuitous path to stabilization?; 4 Zaire: debt in an absolutist kleptocracy; 5 Ghana: indebtedness, recovery, and the IMF, 1977-87; 6 Sierra Leone: debt and the fiscal crisis of the state; 7 External debt and Francophone Africa: the effects of a special relationship; 8 Ways out of the debt trap; 9 Conclusion; Postscript; Notes and references; Index

Sommario/riassunto

Assessing both the macro- and micro-economic levels of the contemporary African Debt Crisis, this book, first published in 1989, begins by looking at the origins of the world debt crisis, and then looks closely at the problem as it affects Sub-Saharan Africa. The effects of debt on Africa's position in international relations are considered, and the roles played by organisations such as the International Monetary Fund and the World Bank are assessed. The authors also examine the local effects in a series of case studies of various states including Nigeria, Ghana and Sierra Leone, the Francopho