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

By: Material type: TextTextPublication details: London Hurst and Company 2021Description: xi,251pISBN:
  • 978-1787384750
Subject(s): 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 Book UONGOZI Institute Resources Centre - Dar es Salaam Africa 336.340SMI (Browse shelf(Opens below)) Available UR010914
Book Book UONGOZI Institute Resources Centre - Dodoma Africa 336.340SMI (Browse shelf(Opens below)) Available URD002461

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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