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Debt Audits and the Repudiation of Odious Debts (Record no. 13)

000 -LEADER
fixed length control field 01078nam a22001457a 4500
100 ## - MAIN ENTRY--AUTHOR NAME
Personal name Boyce, James K and Ndikumana, Leonce
245 ## - TITLE STATEMENT
Title Debt Audits and the Repudiation of Odious Debts
260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT)
Place of publication Association of Concerned Africa Scholars
Name of publisher Geneva
Year of publication 2012
300 ## - PHYSICAL DESCRIPTION
Number of Pages 6p.
490 ## - SERIES STATEMENT
Series statement 2012.
520 ## - SUMMARY, ETC.
Summary, etc African countries continue to rely on external borrowing to fill their resource gaps in financing development. By 2010, the total stock of external debt outstanding for the continent stood at $297 billion and its annual debt service bill was $22 billion. To the extent that debts are used for productive purposes, the direct and indirect returns for the debt-financed investments should enable the debtor countries to honor their debt obligations. In practice, however, foreign loans are often either squandered on ill-designed projects or even worse embezzled to finance private wealth accumulation in offshore centers.
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical Term CAPITAL FLIGHT
856 ## - ELECTRONIC LOCATION AND ACCESS
Uniform Resource Identifier http://iffoadatabase.trustafrica.org/iff/debt_audits_and_the_repudiation_of_odious_debts.pdf
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Koha item type Computer Files

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