Debt crises and sovereign risk in Africa

"This book examines the resurgence of debt crises in Africa following the Covid-19 pandemic. It deciphers the debt crisis phenomenon through the discourse of sovereign risk, which has been paid insufficient attention within the African context. It seeks to appreciate facets that continue to lea...

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Bibliographic Details
Main Author Mathebula, Ndzalama (Author)
Format Electronic eBook
LanguageEnglish
Published New York : Routledge, 2025.
SeriesRoutledge studies in development economics.
Subjects
Online AccessFull text
ISBN9781003569138
1003569137
9781040370445
1040370446
9781040370452
1040370454
9781032941387
9781032941394
Physical Description1 online resource.

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Table of Contents:
  • Part 1: Sovereign Risk and its African Facets
  • Chapter 1: Sovereign Risk and Debt Crisis in Africa
  • Chapter 2: A Historical Review of Debt Crisis and Default in Africa
  • Chapter 3: Africa's Political Economy of Debt
  • Part 2: African case studies, South Africa, Ethiopia and Ghana
  • Chapter 4: First IMF loan since the dawn of democracy: The case of South Africa
  • Chapter 5: The Tigray Tragedy: A case of Ethiopia's default
  • Chapter 6: Ghana the Willing Victim: 17th time approaching the IMF since independence in 1957:
  • The case of Ghana and the IMF Loan
  • Part 3: What does this mean for development in Africa?
  • Is Economic Diversification the Remedy?
  • Chapter 7: Where to from here? Economic Diversification as the panacea
  • Conclusion.