Analysis of Probability of External Debt Rescheduling in Sub-Saharan Africa

M O Odedokun

Scottish Journal of Political Economy, 1995, vol. 42, issue 1, 82-98

Abstract: This study is an empirical attempt to identify the factors that affect the incidence of external debt reschedulings in sub-Saharan Africa. It is based on annual data over the 1980-90 period for thirty-nine countries and the effects of various factors that might influence the decision to reschedule are tested for using logit and probit analyses statistical methods. Those factors whose effects are detected include external debt level and service payments; fraction of debts attracting variable interest rates; external reserves position; foreign capital inflows; external trade situation; terms of trade; position with IMF; and domestic economic indicators. Copyright 1995 by Scottish Economic Society.

Date: 1995
References: Add references at CitEc
Citations: View citations in EconPapers (5)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bla:scotjp:v:42:y:1995:i:1:p:82-98

Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=0036-9292

Access Statistics for this article

Scottish Journal of Political Economy is currently edited by Tim Barmby, Andrew Hughes-Hallett and Campbell Leith

More articles in Scottish Journal of Political Economy from Scottish Economic Society Contact information at EDIRC.
Bibliographic data for series maintained by Wiley Content Delivery ().