Is Africa’s growing public debt really crowding out private investment?
Total external debt for sub-Saharan Africa jumped nearly 150% to $583 billion in 2018, from $236 billion 10 years earlier according to the World Bank. Many now worry the debt burden is unsustainable. Average public debt increased from 2010-2018 by 40%, and now stands at 59% of GDP. Whether debt lev...
Main Author: | Mulangu, Francis |
---|---|
Other Authors: | Nanyang Business School |
Format: | Newsletter |
Language: | English |
Published: |
2020
|
Subjects: | |
Online Access: | https://hdl.handle.net/10356/142654 |
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