Ce papier étudie les problèmes d’endettement extérieur du Cameroun en analysant son évolution globale (structure, service de la dette, conditions des emprunts, etc.). Cette analyse est complétée par l’examen de la dette intérieure compte tenu de son poids dans la dette totale du pays....

In the 1980s most of Sub-Saharan African countries (SSA) especially the HIPCs faced an unprecedented indebtedness. Different mechanisms of debt relief as well as economic reforms have been put in place with the objective of enabling these countries to reach long-term economic growth and reduce...

We study portfolio allocation and characterize contracts issued by firms in the international financial market when investors exhibit ambiguity aversion and perceive ambiguity in assets issued in foreign locations. Increases in the variance of their risky production process cause firms to issue...