Borrow with Sorrow? The Changing Risk Profile of Sub-Saharan Africa's Debt

Borrow with Sorrow? The Changing Risk Profile of Sub-Saharan Africa's Debt

In the post-global financial crisis period, the financing of countercyclical policies led not only to a reduction in the fiscal surpluses across Sub-Saharan African countries, but also an increase in their levels of indebtedness. Although public de...

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Bibliographic Details
Main Authors: Calderon, Cesar, Zeufack, Albert G.
Format: Working Paper
Language:English
Published: World Bank, Washington, DC 2020
Subjects:
DEBT SUSTAINABILITY
DEBT SERVICE BURDEN
DEBT COMPOSITION
BOND ISSUE
FISCAL TRENDS
COUNTERCYCLICAL POLICY
Online Access:http://documents.worldbank.org/curated/en/370721580415352349/Borrow-with-Sorrow-The-Changing-Risk-Profile-of-Sub-Saharan-Africas-Debt
http://hdl.handle.net/10986/33293

Internet

http://documents.worldbank.org/curated/en/370721580415352349/Borrow-with-Sorrow-The-Changing-Risk-Profile-of-Sub-Saharan-Africas-Debt
http://hdl.handle.net/10986/33293

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