Where Credit is Due: How Africa's Debt Can Be a Benefit, Not a Burden book by Gregory Smith
By Gregory SmithWhere Credit is Due: How Africa's Debt Can Be a Benefit, Not a Burden book by Gregory Smith
Borrowing is a crucial source of financing for governments all over the world. If they get it wrong, then debt crises can bring progress to a halt. But if it's done right, investment happens and conditions improve. 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. The escalating debt burden has provoked calls by the G20 for suspension of debt payments. But Africa's debt today is highly complex, and owed to a wider range of lenders. A new approach is needed, and could turn crisis into opportunity. Urgent action by both lenders and borrowers can reduce risk, while carefully preserving market access; and smart deployment of private finance can provide the scale of investment needed to achieve development goals and tackle the climate emergency. Published By Oxford University Press, USA on 2021-11
Book details
- Paperback
- 240 pages
- English
- 0197619975
- 9780197619971
About Gregory Smith
More Books By Gregory Smith
Where Credit is Due: How Africa's Debt Can Be a Benefit, Not a Burden book by Gregory Smith
New Book
People who bought this also bought
50 Great Myths of Human Evolution book by John H. Relethford
New Book
Portfolios of the Poor: How the World's Poor Live on $2 a Day by Daryl Collins
New Book
This is Going to Hurt: Secret Diaries of a Junior Doctor book by Adam Kay
New Book
Yes! You Can Do This: Charting Your Way to Health, Wealth & Success book by G. Arthur Hammons
Like New
Life's Greatest Lessons: 20 Things That Matter book by Hal Urban
New Book
More Than Enough: Claiming Space for Who You Are book by Elaine Welteroth
New Book
Chicken Soup for the Woman's Soul: 101 Stories to Open the Hearts and Rekindle the Spirits of Women book by Jack Canfield
Used Book
Living A Life You Love: Embracing the adventure of being led by the Holy Spirit book by Joyce Meyer
New Book
Why Is God Laughing?: The Path to Joy and Spiritual Optimism book by Deepak Chopra
New Book
Scalia's Court: A Legacy of Landmark Opinions and Dissents book by Kevin A. Ring
New Book
Liberty's Daughters: The Revolutionary Experience of American Women, 1750-1800 book by Mary Beth Norton
Used Book
Creating the Beloved Community : A Handbook for Spiritual Leadership
Used Book
The Visual MBA by Jason Barron ? A Shortcut to Business School | our website Kenya
New Book
Loot: Britain and the Benin Bronzes: Britain and the Benin Bronzes book by Barnaby Phillips
New Book
State Building: Governance and World Order in the 21st Century book by Francis Fukuyama
New Book
Jewish Wisdom for Business Success : Lessons from the Torah and Other Ancient Texts by Levi Brackman
New Book
The Yellow House: Van Gogh, Gauguin and Nine Turbulent Weeks in Arles book by Martin Gayford
New Book
Bukuit Ne Tiliil Sireet ne leel [Kalenjin Bible Revised Dark Blue]
Start Your Own Business: The Only Startup Book You'll Ever Need
Used Book
10 Minutes a Day Maths Ages 9-11 book by Carol Vorderman
New Book
Get Started in French: A Teach Yourself Guide book by Catrine Carpenter
New Book
Finding Your Element: How to Discover Your Talents and Passions and Transform Your Life book by Ken Robinson
New Book
The Handwriting of God: Sacred Mysteries of the Bible book by Grant R. Jeffrey
New Book
Today Matters: 12 Daily Practices to Guarantee Tomorrow's Success book by John C. Maxwell
New Book
Things No One Taught Us About Love: How to Build Healthy Relationships with Yourself and Others book by Vex King
New Book
The Autobiographies #3: Life and Times of Frederick Douglass book by Frederick Douglass
New Book