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Central Bank of Nigeria

Journal

1990

Debt crisis

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Full-Text Articles in Social and Behavioral Sciences

Debt Crisis In The West African Sub-Region: Which Way Out?, M A. Uduebo Oct 1990

Debt Crisis In The West African Sub-Region: Which Way Out?, M A. Uduebo

Bullion

The resolution of the debt problem has continued to engage the attention of the international community. In reaction to the problem, many debtor countries have adopted structural adjustment programmes and various proposals have been espoused and, in some cases, implemented. Nevertheless, the debt crisis is far from being resolved. It is now patently clear that a more realistic solution to the problem is needed in the 1990s to break the debt trap. This forum graced by eminent bankers, offers another opportunity to re-examine the salient issues and proffer new ideas and suggestions on how best to address the situation. The …