PUBLIC DEBT AND ITS MANAGEMENT IN THE REPUBLIC OF COTE D’IVOIRE

This article discusses about methods and the importance of minimizing public debt - external and internal debts - for the development of the republic of Cote d’Ivoire. It also details factors which contribute to the growth of the public debt and proposes recommendations for its minimization. In the...

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Bibliographic Details
Main Authors: E I Ruzina, G Kpakpo
Format: Article
Language:English
Published: Peoples’ Friendship University of Russia (RUDN University) 2015-12-01
Series:RUDN Journal of Economics
Subjects:
Online Access:http://journals.rudn.ru/economics/article/view/12938
Description
Summary:This article discusses about methods and the importance of minimizing public debt - external and internal debts - for the development of the republic of Cote d’Ivoire. It also details factors which contribute to the growth of the public debt and proposes recommendations for its minimization. In the conclusion it concluded by explaining how the presence of a large amount of public debt led to a lack of resources for the development of the country. At the same time, in my opinion, the program to reduce public debt is yet to efficiently respond to challenges the country faces due to debt burden in order to foster sustainable economic and social development in the country.
ISSN:2313-2329
2408-8986