Wane Abdrahmane.
2009. Are the debt-equity swaps an opportunity to finance partially the Nepad ? Some evidences from a theoretical model.
In : African Finance Journal Conference, Cap Town, Afrique du Sud, July, 16-17th, 2009
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Version publiée
- Anglais
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Résumé : The adoption of the New Partnership for the Development of Africa (Nepad) in 2001 ensured the clarification of the priorities which underlie this initiative which tries to be global and integrated. One of them is based on the reduction of debt and the stimulation of the FDI. Our contribution tries to link these two objectives through the implementation of the debt-equity swaps mechanisms. Despite the controversies which characterize them, we reexamine these market solutions and determine the allocation of resources between the different participants to these transactions through a theoretical model inspired by Helpman (1989) and Bowe & Dean (1993).
Classification Agris : E13 - Investissements, financement et crédit
E14 - Économie et politique du développement
Auteurs et affiliations
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Wane Abdrahmane, CIRAD-ES-URP Pastoralisme (SEN)
ORCID: 0000-0001-5081-3788
Autres liens de la publication
Source : Cirad - Agritrop (https://agritrop.cirad.fr/553965/)
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