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Кризата В Ес – Финансови Рискове За Африка
[The EU Crisis – Financial Risks for Africa]

Author

Listed:
  • Marinov, Eduard

Abstract

The negative effects of the global economic crisis affect African economies less than other regions. However, the ongoing debt crisis in the EU holed serious risks for the economic development of the continent. The paper focuses on the financial risks for the economies in Africa that are related to the sovereign debt crisis in the EU. Although such risks exist as well in the field of international trade – mainly due to the reduction of African countries export revenues, the specific risks that the paper discusses more thoroughly are directly related to financial flows – foreign direct investments, remittances, tax revenues, official development aid, credit costs, etc.

Suggested Citation

  • Marinov, Eduard, 2013. "Кризата В Ес – Финансови Рискове За Африка [The EU Crisis – Financial Risks for Africa]," MPRA Paper 60315, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:60315
    as

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    References listed on IDEAS

    as
    1. World Bank, 2011. "Africa Development Indicators 2011," World Bank Publications - Books, The World Bank Group, number 2361, December.
    2. International Labour Office., 2011. "Global employment trends 2011 : the challenge of a jobs recovery," Global Employment Trends Reports 994619083402676, International Labour Office, Economic and Labour Market Analysis Department.
    3. World Bank, 2011. "World Development Indicators 2011," World Bank Publications - Books, The World Bank Group, number 2315, December.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    EU debt crisis; African economy; regional integration;
    All these keywords.

    JEL classification:

    • F00 - International Economics - - General - - - General
    • F30 - International Economics - - International Finance - - - General
    • F50 - International Economics - - International Relations, National Security, and International Political Economy - - - General
    • N77 - Economic History - - Economic History: Transport, International and Domestic Trade, Energy, and Other Services - - - Africa; Oceania

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