oil price shocks

Growth And Foreign Debt: The Ugandan Experience

This report studies Uganda's external debt problem. Just like several countries in the sub-Saharan Africa, Uganda is a seriously indebted low-income country. Uganda's total debt stock at end June 1993 was estimated at US$2.64 billion, with a debt service ratio of nearly 80%. A peek at Uganda's debt profile since ...

Category : Economics Papers
Real Exchange Rate, Output and Oil: Case of Four Large Energy Producers

This paper considers whether local bank participation exerts an impact on the spreads for syndicated loans in Russia. Following Berger, Klapper and Udell (2001), we test whether local banks possess a superior ability to deal with information asymmetries. Using a sample of 528 syndicated loans to Russian borrowers, we perform ...

Category : Economics Papers