News from 2019-07-17 / KfW Research

High debt distress risk – a ‘typically’ African problem?

Compared with other regions, the Sub-Saharan African countries are affected by debt distress risks particularly often. Why is this? Governance problems are a frequent explanation. However, an extensive comparison of common governance standards, such as the World Governance Indicators and the Corruption Perceptions Index, fails to confirm the purported clear correlations. So the problem appears to be of a different nature.

High debt distress risk – a ‘typically’ African problem?

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Economic Research

Economic Research

Economic development in Germany and around the world, studies on topics relevant to society such as environmental and climate protection, demography, globalisation, innovation and sustainability, impact of KfW promotional programmes.

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