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Title
The debt trap dilemma of African governments: balancing debt services, food security and development ' while avoiding civil unrest |
Full text
http://urn.kb.se/resolve?urn=urn:nbn:se:nai:diva-2961 |
Date
2024 |
Author(s)
Abu Hatab, Assem; Riaz, Tabeer; Orkoh, Emmanuel |
Abstract
Nearly half of Africa's economies are on the brink of debt distress. Unlike previous debt crises, the current one is characterised by a shift from multilateral to commercial and bilateral creditors, notably China, and the proliferation of Eurobonds. Pressured by heavy debt burdens, there is a risk that African governments divert funds from essential sectors such as education, health care and agriculture, causing a vicious cycle of stalled development, food insecurity and an elevated risk of socio-political instability. |
Subject(s)
Africa; Credit; Debt; Economic development; Food security; Recommendations; Economics; Nationalekonomi |
Language
eng |
Publisher
Nordiska Afrikainstitutet, Research Unit; Uppsala |
Relation
NAI Policy Notes, 1654-6695 ; 2024:3 |
Type of publication
Report; info:eu-repo/semantics/report; text |
Format
application/pdf |
Rights
info:eu-repo/semantics/openAccess |
Identifier
0000-0002-6764-1887; urn:isbn:9789171069108 |
Repository
Sweden, Norway - NAI-DiVA-portal
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Added to C-A: 2024-07-01;09:28:13 |
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