HISTORICAL INSIGHTS INTO EXTERNAL DEBT BURDEN IN AFRICA: THE CASE OF NIGERIA AND TANZANIA

AUTHOR(S): CLEMENT NWAKOBY and DR. ABEL E. EZEOHA

FROM AFRICAN BANKING AND FINANCE REVIEW VOL. 1 NO.2 APRIL 2011

PUBLISHED BY THE DEPARTMENT OF BANKING AND FINANCE, NNAMDI AZIKIWE UNIVERSITY, AWKA.

This paper takes a historically comparative look into the external debt situation in sub-Saharan Africa. It makes a careful selection of the cases of Nigeria and Tanzania. The choice of the countries represents two extreme ideologies of  the leaders of Africa immediately after independence in the 1960s – the liberal disposition of Nigeria and the conservative approach shown by Tanzania. How did these early ideologies impact on the external debt burdens of the respective SubSaharan African countries that adopted them? This is a question pried into in this paper, The historical intent of this paper is designed to correct the mistakes of the past.

TO VIEW THE FULL CONTENT OF THIS DOCUMENT, PLEASE VISIT THE DIGITAL LIBRARY WEBSITE USING THIS LINK, http://naulibrary.org/dglibrary/admin/book_directory/Banking_and_finance/11258.pdf

Advertisements

Tags: , , , , , , , , , ,

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s


%d bloggers like this: