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Public Debt and Private Wealth: Debt, Capital Flight and the IMF in Sudan

by Richard P. C. Brown
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Current price ₹17,336.00
Original price ₹20,804.00
Original price ₹20,804.00
Original price ₹20,804.00
(-17%)
₹17,336.00
Current price ₹17,336.00

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Book cover type: Paperback
  • ISBN13: 9781349222247
  • Binding: Paperback
  • Subject: N/A
  • Publisher: Palgrave MacMillan
  • Publisher Imprint: Palgrave MacMillan
  • Publication Date:
  • Pages: 334
  • Original Price: USD 169.99
  • Language: English
  • Edition: 1992
  • Item Weight: 459 grams
  • BISAC Subject(s): Public Policy / Economic Policy

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.

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