The Sustainability of African Debt

Daniel Cohen

Chapter 7 in Contemporary Economic Issues, 1998, pp 160-181 from Palgrave Macmillan

Abstract: Abstract Many large debtors of the 1980s, such as Argentina, Brazil or Mexico, have now escaped from the sequence of painful reschedulings which marred their economic prospects for almost a decade. Such is not the case in Africa; external debt remains large, and no arrangement has yet been devised to open the way to a brighter future.

Keywords: Debt Crisis; Secondary Market; External Debt; Marginal Price; Debt Sustainability (search for similar items in EconPapers)
Date: 1998
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Working Paper: The sustainability of African debt (1996)
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DOI: 10.1007/978-1-349-26084-3_7

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