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Periodical article Periodical article Leiden University catalogue Leiden University catalogue WorldCat catalogue WorldCat
Title:The External Debt Problem in Africa: A Comparative Study of Nigeria and Morocco
Author:Edo, Samson E.ISNI
Year:2002
Periodical:African Development Review
Volume:14
Issue:2
Period:December
Pages:221-236
Language:English
Geographic terms:Morocco
Nigeria
Subjects:external debt
Economics and Trade
international relations
External link:https://onlinelibrary.wiley.com/doi/10.1111/1467-8268.00052/pdf
Abstract:In this paper, the African external debt problem with particular reference to Nigeria and Morocco is extensively analysed, and statistical indicators show that it is severe and has adverse effects on investment. The analysis also finds that fiscal expenditure, balance of payments and global interest rate are the crucial factors in explaining the accumulation of external debt in the two countries. Although the problem tends to exhibit some differences in characteristics between the two countries, the fact remains that they both belong to the same category of highly indebted countries. App., bibliogr., sum. in English and French. [Journal abstract, edited]
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