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Over recent years, a number of emerging creditors have increased their aid and lending to Africa’s Low-Income Countries …-indebtedness in Africa, to reduce the continent’s exposure to foreign-currency denominated debt and to encourage good governance by … Financial Governance in Africa, which attempts to include emerging lenders in the DSF framework — the Joint Bank-Fund Debt …
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China helps growth and debt sustainability in Africa through debt relief, infrastructure investment and higher exports … will encourage emerging lenders to co-operate with the ‘international community’ on Africa’s debt sustainability. …
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This paper is motivated by the Direct Effect of Debt Hypothesis (DEDH), and based on empirical facts, develops a theoretical model that explores the impact of external debt on economic growth by taking into consideration exports and the role of institutions or quality of governance. Using...
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