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Foreign Creditors' Perception of Risks in Lending to African Countries: Evidence from Interest‐Rate Spread

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  • M. O. Odedokun

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  • M. O. Odedokun, 1996. "Foreign Creditors' Perception of Risks in Lending to African Countries: Evidence from Interest‐Rate Spread," Development Policy Review, Overseas Development Institute, vol. 14(4), pages 391-408, December.
  • Handle: RePEc:bla:devpol:v:14:y:1996:i:4:p:391-408
    DOI: 10.1111/j.1467-7679.1996.tb00115.x
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    1. Feder, Gershon & Just, Richard E., 1977. "A study of debt servicing capacity applying logit analysis," Journal of Development Economics, Elsevier, vol. 4(1), pages 25-38, February.
    2. Feder, Gershon & Just, Richard E., 1977. "An analysis of credit terms in the eurodollar market," European Economic Review, Elsevier, vol. 9(2), pages 221-243.
    3. Feder, Gershon & Ross, Knud Z, 1982. "Risk Assessments and Risk Premiums in the Eurodollar Market," Journal of Finance, American Finance Association, vol. 37(3), pages 679-691, June.
    4. Savvides, Andreas, 1990. "LDC creditworthiness and foreign capital inflows: 1980-86," Journal of Development Economics, Elsevier, vol. 34(1-2), pages 309-327, November.
    5. repec:ags:ucdavw:225633 is not listed on IDEAS
    6. Citron, Joel-Tomas & Nickelsburg, Gerald, 1987. "Country risk and political instability," Journal of Development Economics, Elsevier, vol. 25(2), pages 385-392, April.
    7. White, Halbert, 1980. "A Heteroskedasticity-Consistent Covariance Matrix Estimator and a Direct Test for Heteroskedasticity," Econometrica, Econometric Society, vol. 48(4), pages 817-838, May.
    8. Kharas, Homi J. & Levinsohn, Jim, 1988. "LDC savings rates and debt crises," World Development, Elsevier, vol. 16(7), pages 779-786, July.
    9. Sirleaf, Ellen Johnson & Nyirjesy, Francis, 1991. "The outlook for commercial bank lending to sub-Saharan Africa," Policy Research Working Paper Series 720, The World Bank.
    10. Bruno, Michael & Easterly, William, 1998. "Inflation crises and long-run growth," Journal of Monetary Economics, Elsevier, vol. 41(1), pages 3-26, February.
    11. Feder. Gershon & Just, Richard E., 1978. "A Model For Analyzing Lenders' Perceived Default Risk," 1978 Annual Meeting, August 6-9, Blacksburg, Virginia 283702, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    12. Frank, Charles Jr. & Cline, William R., 1971. "Measurement of debt servicing capacity: An application of discriminant analysis," Journal of International Economics, Elsevier, vol. 1(3), pages 327-344, August.
    13. Eaton, Jonathan & Gersovitz, Mark, 1980. "LDC participation in international financial markets : Debt and reserves," Journal of Development Economics, Elsevier, vol. 7(1), pages 3-21, February.
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    Cited by:

    1. Jan Willem Gunning & Paul Collier, 1999. "Explaining African Economic Performance," Journal of Economic Literature, American Economic Association, vol. 37(1), pages 64-111, March.

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