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Public Debt and Private Wealth : Debt, Capital Flight and the IMF in Sudan - Richard P. C. Brown

Public Debt and Private Wealth

Debt, Capital Flight and the IMF in Sudan


Published: 18th August 1992
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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.

Table of Contents - List of Tables - Acknowledgements - Map of Sudan - Introduction - The Dimensions and Origins of Sub-Saharan Africa's Debt - The Evolution of the IMF's Role in Sub-Saharan Africa - Background to Sudan's Economic Crisis of the 1980s - The Evolution of the IMF's Role in Sudan: 1978-84 - Managing the Unmanageable: Sudan Without the IMF after 1984 - Sudan's Hidden Adjustments: Implications for IMF Diagnosis and Policy - Conclusions - Appendix - Bibliography - Index

ISBN: 9780333575437
ISBN-10: 0333575431
Series: International Political Economy
Audience: Professional
Format: Hardcover
Language: English
Number Of Pages: 334
Published: 18th August 1992
Publisher: Palgrave Macmillan
Country of Publication: GB
Dimensions (cm): 21.59 x 13.79  x 3.4
Weight (kg): 0.61
Edition Number: 1