dispensation is young, comprehensive empirical works to this effect in the case of Africa are hard to find. This study, therefore … Africa. Second, the study investigates the joint effect of economic development and elections on debt servicing in Africa … periods are associated with lower debt servicing in Africa, and (2) economic development is significant in enhancing debt …

Africa has come a long way since the economic turmoil of the 1980s, the decade of "structural adjustment". Growth has … of diversification in Africa's economies-in contrast to Asia's success stories. Structural adjustment did not change the … manufacturing and service clusters, Africa is yet to follow East Asia in integrating with the global economy in ways that add value …