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...
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| Language: | English |
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2020
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| Online Access: | https://hdl.handle.net/10356/142654 |
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| Institution: | Nanyang Technological University |
| Language: | English |