Public Debt and Economic Resilience in Africa
Strategies for Sustainable Growth and Fiscal Stability
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Beschreibung
This book provides a rigorous, policy-oriented analysis of debt dynamics across Africa. It examines the drivers of debt accumulation, debt sustainability frameworks, restructuring mechanisms, and concessional financing. It also explores emerging innovations such as Islamic sovereign bonds, ESG integration in debt management, and climate finance instruments.
By offering comparative insights into the interaction between debt, exchange rates, institutional quality, private investment, and macroeconomic stability, the book presents practical strategies for responsible borrowing and long-term fiscal resilience.
Ibrahim Nandom Yakubu is a Lecturer in Finance and Head of the Business Innovation and Incubation Department at the University for Development Studies, Ghana.
Public debt has become a defining issue shaping Africa’s development trajectory. In recent years, rising borrowing levels, changing creditor structures, global financial tightening, climate financing pressures, and commodity price volatility have reshaped the continent’s fiscal landscape. Yet borrowing remains essential for infrastructure, social investment, and structural transformation. The key question is not whether Africa should borrow, but how it can do so sustainably while strengthening economic resilience.
This book provides a rigorous, policy-oriented analysis of debt dynamics across Africa. It examines the drivers of debt accumulation, debt sustainability frameworks, restructuring mechanisms, and concessional financing. It also explores emerging innovations such as Islamic sovereign bonds, ESG integration in debt management, and climate finance instruments.
By offering comparative insights into the interaction between debt, exchange rates, institutional quality, private investment, and macroeconomic stability, the book presents practical strategies for responsible borrowing and long-term fiscal resilience.
Highlights how debt can be leveraged for development without compromising long-term fiscal stability Examines rising public debt within Africa and the economics and institutional factors that influence debt sustainability Provides a framework for managing economic shocks, such as commodity price volatility and the COVID-19 pandemic
Autor*in
Ibrahim Nandom Yakubu
Themen in »Public Debt and Economic Resilience in Africa«
Public debt sustainability Economic resilience Fiscal stability Debt management strategies Sovereign debt in Africa Governance Debt policy