IDEAS home Printed from https://ideas.repec.org/a/bla/devpol/v14y1996i4p391-408.html
   My bibliography  Save this article

Foreign Creditors' Perception of Risks in Lending to African Countries: Evidence from Interest‐Rate Spread

Author

Listed:
  • M. O. Odedokun

Abstract

No abstract is available for this item.

Suggested Citation

  • M. O. Odedokun, 1996. "Foreign Creditors' Perception of Risks in Lending to African Countries: Evidence from Interest‐Rate Spread," Development Policy Review, Overseas Development Institute, vol. 14(4), pages 391-408, December.
    • Handle: RePEc:bla:devpol:v:14:y:1996:i:4:p:391-408
    DOI: 10.1111/j.1467-7679.1996.tb00115.x
    as

    Download full text from publisher

    File URL: https://doi.org/10.1111/j.1467-7679.1996.tb00115.x
    Download Restriction: no
    File URL: https://libkey.io/10.1111/j.1467-7679.1996.tb00115.x?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Feder. Gershon & Just, Richard E., 1978. "A Model For Analyzing Lenders' Perceived Default Risk," 1978 Annual Meeting, August 6-9, Blacksburg, Virginia 283702, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    2. repec:ags:ucdavw:225633 is not listed on IDEAS
    3. White, Halbert, 1980. "A Heteroskedasticity-Consistent Covariance Matrix Estimator and a Direct Test for Heteroskedasticity," Econometrica, Econometric Society, vol. 48(4), pages 817-838, May.
    4. Bruno, Michael & Easterly, William, 1998. "Inflation crises and long-run growth," Journal of Monetary Economics, Elsevier, vol. 41(1), pages 3-26, February.
    5. Frank, Charles Jr. & Cline, William R., 1971. "Measurement of debt servicing capacity: An application of discriminant analysis," Journal of International Economics, Elsevier, vol. 1(3), pages 327-344, August.
    6. Feder, Gershon & Just, Richard E., 1977. "An analysis of credit terms in the eurodollar market," European Economic Review, Elsevier, vol. 9(2), pages 221-243.
    7. Savvides, Andreas, 1990. "LDC creditworthiness and foreign capital inflows: 1980-86," Journal of Development Economics, Elsevier, vol. 34(1-2), pages 309-327, November.
    8. Feder, Gershon & Ross, Knud Z, 1982. "Risk Assessments and Risk Premiums in the Eurodollar Market," Journal of Finance, American Finance Association, vol. 37(3), pages 679-691, June.
    9. Citron, Joel-Tomas & Nickelsburg, Gerald, 1987. "Country risk and political instability," Journal of Development Economics, Elsevier, vol. 25(2), pages 385-392, April.
    10. Kharas, Homi J. & Levinsohn, Jim, 1988. "LDC savings rates and debt crises," World Development, Elsevier, vol. 16(7), pages 779-786, July.
    11. Sirleaf, Ellen Johnson & Nyirjesy, Francis, 1991. "The outlook for commercial bank lending to sub-Saharan Africa," Policy Research Working Paper Series 720, The World Bank.
    12. Feder, Gershon & Just, Richard E., 1977. "A study of debt servicing capacity applying logit analysis," Journal of Development Economics, Elsevier, vol. 4(1), pages 25-38, February.
    13. Eaton, Jonathan & Gersovitz, Mark, 1980. "LDC participation in international financial markets : Debt and reserves," Journal of Development Economics, Elsevier, vol. 7(1), pages 3-21, February.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Jan Willem Gunning & Paul Collier, 1999. "Explaining African Economic Performance," Journal of Economic Literature, American Economic Association, vol. 37(1), pages 64-111, March.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Edwards, Sebastian, 1986. "The pricing of bonds and bank loans in international markets : An empirical analysis of developing countries' foreign borrowing," European Economic Review, Elsevier, vol. 30(3), pages 565-589, June.
    2. repec:zbw:bofrdp:1993_001 is not listed on IDEAS
    3. Rivoli, Pietra & Brewer, Thomas L., 1997. "Political instability and country risk," Global Finance Journal, Elsevier, vol. 8(2), pages 309-321.
    4. Sebastian Edwards, 1983. "LDC's Foreign Borrowing and Default Risk: An Empirical Investigation 1976-1980," UCLA Economics Working Papers 323, UCLA Department of Economics.
    5. Easton, Stephen T. & Rockerbie, Duane W., 1999. "What's in a default? Lending to LDCs in the face of default risk," Journal of Development Economics, Elsevier, vol. 58(2), pages 319-332, April.
    6. Huang, Shumin, 1993. "Determinants of country creditworthiness : an empirical investigation, 1980-1989," Research Discussion Papers 1/1993, Bank of Finland.
    7. Huang, Shumin, 1993. "Determinants of country creditworthiness: an empirical investigation, 1980-1989," Bank of Finland Research Discussion Papers 1/1993, Bank of Finland.
    8. Sebastian Edwards, 1983. "LDC's Foreign Borrowing and Default Risk: An Empirical Investigation," NBER Working Papers 1172, National Bureau of Economic Research, Inc.
    9. Sebastián Edwards, 1984. "Deuda Externa y Riesgo del País," Latin American Journal of Economics-formerly Cuadernos de Economía, Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 21(62), pages 3-24.
    10. Sebastian Edwards, 1985. "The Pricing of Bonds and Bank Loans in International Markets: An Empirical Analysis of Developing Countries," UCLA Economics Working Papers 382, UCLA Department of Economics.
    11. Tremblay, Rodrigue, 1983. "L’endettement international et les problèmes d’ajustement : une perspective générale," L'Actualité Economique, Société Canadienne de Science Economique, vol. 59(2), pages 283-324, juin.
    12. Tamás Kristóf, 2021. "Sovereign Default Forecasting in the Era of the COVID-19 Crisis," JRFM, MDPI, vol. 14(10), pages 1-24, October.
    13. Jakob De Haan & Clemens Siermann & Erna Van Lubek, 1997. "Political instability and country risk: new evidence," Applied Economics Letters, Taylor & Francis Journals, vol. 4(11), pages 703-707.
    14. Somerville, R. A. & Taffler, R. J., 1995. "Banker judgement versus formal forecasting models: The case of country risk assessment," Journal of Banking & Finance, Elsevier, vol. 19(2), pages 281-297, May.
    15. Jelena Laušev & Aleksandar Stojanović & Nataša Todorović, 2011. "Determinants Of Debt Rescheduling In Eastern European Countries," Economic Annals, Faculty of Economics and Business, University of Belgrade, vol. 56(188), pages 7-31, January –.
    16. Carmen Díaz-Roldán & María del Carmen Ramos-Herrera, 2021. "Innovations and ICT: Do They Favour Economic Growth and Environmental Quality?," Energies, MDPI, vol. 14(5), pages 1-17, March.
    17. Shamim Ahmed & M. Golam Mortaza, 2010. "Inflation and Economic Growth in Bangladesh: 1981-2005," Working Papers id:3033, eSocialSciences.
    18. María Lorena Mari del Cristo & Marta Gómez-Puig, 2017. "Dollarization and the relationship between EMBI and fundamentals in Latin American Countries," Cuadernos de Economía - Spanish Journal of Economics and Finance, Asociación Cuadernos de Economía, vol. 40(112), pages 14-30, Enero.
    19. Oshiro, Naoto & Saruwatari, Yasufumi, 2005. "Quantification of sovereign risk: Using the information in equity market prices," Emerging Markets Review, Elsevier, vol. 6(4), pages 346-362, December.
    20. Gylfason, Thorvaldur, 1999. "Exports, Inflation and Growth," World Development, Elsevier, vol. 27(6), pages 1031-1057, June.
    21. John Cooper, 1999. "Artificial neural networks versus multivariate statistics: An application from economics," Journal of Applied Statistics, Taylor & Francis Journals, vol. 26(8), pages 909-921.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:devpol:v:14:y:1996:i:4:p:391-408. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: https://edirc.repec.org/data/odioruk.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.