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Publications (4)
Working Paper
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Sustainable development is a long-term process, and as such must be examined carefully. Development implies structural changes of many different types, ranging from purely economic aspects to those affecting the personal circumstances of people. Changes take time, all the more so when dealing with...
Working Paper
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– Problèmes et Solutions
This paper evaluates Cameroon’s foreign debt situation by analysing its evolution (structure, debt service payment, debt ratio, borrowing conditions, etc.). The analysis is extended by examining the internal debt situation, taking into account its weight in the global endebtness of the county. After...
Working Paper
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– Thinking beyond the HIPC Initiative to Solving Structural Problems
This paper attempts to answer the following question: If the HIPC Initiative is fully successful and managed to write-off all debt that is owed by Africa, will the debt problem be over? The answer is ‘no’. This pessimist answer is arrived at by examining the historical origin of African debt and the...
Working Paper
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The HIPC initiative for debt relief in the poorest countries has been extended to cover more countries. Zambia is one the countries accepted under the enhanced initiative for a debt relief of US$ 3.8 billion. In this paper, the possible effects of this debt relief are analysed using a social...
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