Description: The existing explanations on the cause of developing countries' marginalization notwithstanding, there are, nonetheless, questions that remained unanswered. In this work the author finds empirical explanations regarding the extent to which Africa's growth crisis could be linked to the debt crisis of the 1980s and 1990s. The book is systematically structured into four parts. The first part revisits the convergence debate using a panel data approach. Emphasis is given to the position of the HIPCs to account for the role of external debt in the process of convergence. The second part, employing cross-section, and random and fixed effects strategies, investigates the determinants of overseas borrowing. The third part using cross-section pooled logit, and fixed effects logit models, explores the factors behind the debt repayment constraints of the developing nations in general and HIPCs in particular. The last part looks at whether external imbalances could be potential explanations for growth rate differences across the developing world. The critical innovation of this book is the premise that total external debt stock is uninformative, and therefore, should be decomposed according to maturity and source structures. Potential Target Groups: United Nations, UN Economic Commission for Africa, African Development Bank, Asian Development Bank, UN Economic Commission for Latin America, Colleges and universities in Africa, Asia, Middle East and Latin America. We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers. To get started finding From Debt Crisis to Growth Crisis, you are right to find our website which has a comprehensive collection of manuals listed. Our library is the biggest of these that have literally hundreds of thousands of different products represented.
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245
Format
Paperback
Published
2007
Publisher
VDM Verlag Dr. Muller e. K., Germany
Language
eng
Original Title
N/A