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Djibouti : Simulation du poids de la dette et du coût d'une renégociation

Abstract : If you are not a financier, policy-maker or expert at the IMF, it is very difficult to objectively appreciate the weight of a loan for a developing country and the consequences of the resulting indebtedness, as the available information is most often disparate, fragmentary or even contradictory. I have used the renegotiation of a loan extended by China to Djibouti in an attempt to provide a tangible illustration of the financial and budgetary implications of a debt and its rescheduling. It is this simulation I describe in this note.
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https://halshs.archives-ouvertes.fr/halshs-02865928
Contributor : Thierry Pairault <>
Submitted on : Friday, June 12, 2020 - 10:25:24 AM
Last modification on : Wednesday, October 14, 2020 - 3:48:42 AM

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  • HAL Id : halshs-02865928, version 1

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Thierry Pairault. Djibouti : Simulation du poids de la dette et du coût d'une renégociation. 2020. ⟨halshs-02865928⟩

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