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, sought to contribute to the debate on two counts. First, the study examines the effect of elections on debt servicing in … Africa. Second, the study investigates the joint effect of economic development and elections on debt servicing in Africa … periods are associated with lower debt servicing in Africa, and (2) economic development is significant in enhancing debt …
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countries, the debt of countries in the Global South has been at a dramatically high level for years. High debt service payments …Triggered by both low interest rates in rich countries and high financing needs for infrastructure in many poorer … great risk. Nevertheless, creditors and their institutions have failed to take determined steps to tackle the crisis …
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