External Debt and Capital Flight in Sub-Saharan Africa

Books, May 12, 2000

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External Debt and Capital Flight in Sub-Saharan Africa

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Bibliographic details

• Published: May 12, 2000
• Series: Books
• DOI: https://doi.org/10.5089/9781557757913.071

Summary

• Title: External Debt and Capital Flight in Sub-Saharan Africa
• Editors: S. Ibi Ajayi and Mohsin S. Khan
• Publication date on landing page: May 12, 2000
• Scope: Examines debt and capital flight during the 1990s in Ghana, Kenya, Nigeria, Tanzania, and Uganda.
• Central focus: Describes the size and composition of debt in the selected countries, examines causes of the debt buildup, assesses the extent of capital flight, and suggests ways of stemming the flight of financial resources.

Key findings and analytical themes

• Mounting external debt and large-scale capital flight have been prominent economic problems in Africa since the 1980s.
• Country focus: Ghana, Kenya, Nigeria, Tanzania, and Uganda — analysis centered on the 1990s.
• Analytical content described in the landing page:
  • Size and composition of external debt in the selected countries.
  • Causes of the debt buildup.
  • Assessment of the extent of capital flight.
  • Suggestions for stemming the flight of financial resources.

Policy recommendations and implications (as stated)

• The book suggests ways of stemming the flight of financial resources (no further detail provided on the landing page).

Publication metadata and subjects

• Pages: 336
• DOI: https://doi.org/10.5089/9781557757913.071
• ISBN: 9781557757913
• Stock No: EDCFEA0000000
• Subjects: Balance of payments, Capital outflows, Debt burden, Debt service, External debt, Foreign exchange
• Keywords: Africa, BOOK, capital flight estimate, Capital outflows, Caribbean, debt, Debt burden, debt problem, Debt service, East Asia, flight of capital, foreign exchange, Global, North Africa, structural adjustment, Sub-Saharan Africa

Source: External Debt and Capital Flight in Sub-Saharan Africa — https://www.imf.org/en/publications/books/issues/2016/12/30/external-debt-and-capital-flight-in-sub-saharan-africa-3564