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Public Debt and Private Wealth
Richard P. C. Brown
€ 195.06
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Description for Public Debt and Private Wealth
Hardback. An analysis of the role of the IMF in one of Africa's poorest and most debt-stricken economies, and the wealth that lies hidden from official statistics in Sudan's parallel economy. Series: Macmillan International Political Economy S. Num Pages: 355 pages, biography. BIC Classification: 1HBS; KCM. Category: (P) Professional & Vocational; (UP) Postgraduate, Research & Scholarly; (UU) Undergraduate. Dimension: 216 x 140 x 34. Weight in Grams: 606.
This study analyses the IMF's role in sub-Saharan foreign debt and structural adjustment issues. A detailed analysis concentrating upon Sudan disproves assumptions about the IMF's capacity to enforce its much-touted, tough policy conditions, and about the inability of defaulting countries to maintain capital inflows, even when in arrears to the IMF itself. The study also examines IMF and World Bank analysis and the efficacy of their policies given the substantial unrecorded foreign exchange inflows and outflows associated with unofficial migrant remittances, the parallel economy and capital flight.
This study analyses the IMF's role in sub-Saharan foreign debt and structural adjustment issues. A detailed analysis concentrating upon Sudan disproves assumptions about the IMF's capacity to enforce its much-touted, tough policy conditions, and about the inability of defaulting countries to maintain capital inflows, even when in arrears to the IMF itself. The study also examines IMF and World Bank analysis and the efficacy of their policies given the substantial unrecorded foreign exchange inflows and outflows associated with unofficial migrant remittances, the parallel economy and capital flight.
Product Details
Format
Hardback
Publication date
1992
Publisher
Palgrave Macmillan United Kingdom
Number of pages
355
Condition
New
Series
Macmillan International Political Economy S.
Number of Pages
334
Place of Publication
Basingstoke, United Kingdom
ISBN
9780333575437
SKU
V9780333575437
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
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