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Resource-Backed Loans in Sub-Saharan Africa (Inglés)

This paper investigates the characteristics of resource-backed lending across sub-Saharan Africa. To shed light on this type of lending, the paper presents new information on thirty resource-backed loans identified through publicly available information between 2004-2018. These loans are concentrated in a few countries, where they represent a sizable fraction of all borrowing, they are typically taken by central governments and state-owned enterprises...
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