Where credit is due : how Africa's debt can be a benefit, not a burden

By:

Smith, Gregory

Material type: Text

TextPublication details: London Hurst and Company 2021Description: xi,251pISBN:

978-1787384750

Subject(s):

Africa, Debt

DDC classification:

336.340

Summary: African countries are seeking calmer capital, to raise living standards and give their economies a competitive edge. The African debt landscape has changed radically in the first two decades of the twenty-first century. Since the clean slate of extensive debt relief, states have sought new borrowing opportunities from international capital markets and emerging global powers like China. The new debt composition has increased risk, exacerbated by the 2020 coronavirus pandemic: richer countries borrowed at rock-bottom interest rates, while Africa faced an expensive jump in indebtedness.

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Holdings
Item type	Current library	Call number	Status	Barcode
Book	UONGOZI Institute Resources Centre - Dar es Salaam Africa	336.340SMI (Browse shelf(Opens below))	Available	UR010914
Book	UONGOZI Institute Resources Centre - Dodoma Africa	336.340SMI (Browse shelf(Opens below))	Available	URD002461

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Previous	333.793FRO From the bottom up how small power producers and mini-grids can deliver electrification and renewable energy in Africa	333.793GOR Electricity in Africa the politics of transformation in Uganda	333.793KAP Power-sector in Africa: lessons from Kenya, Tanzania, Uganda, Zambia, Namibia and Ghana	336.340SMI Where credit is due : how Africa's debt can be a benefit, not a burden	336.343NDI Africa's odious debts how foreign loans and capital flight bled a continent	336.689BON Uneven Zimbabwe a study of finance, development, and underdevelopmen	337.16PET The quest for an African economic community regional integration and its role in achieving African unity	Next

Includes index

African countries are seeking calmer capital, to raise living standards and give their economies a competitive edge. The African debt landscape has changed radically in the first two decades of the twenty-first century. Since the clean slate of extensive debt relief, states have sought new borrowing opportunities from international capital markets and emerging global powers like China. The new debt composition has increased risk, exacerbated by the 2020 coronavirus pandemic: richer countries borrowed at rock-bottom interest rates, while Africa faced an expensive jump in indebtedness.

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