Debt poses a threat to African monetary policy – BIS paper

africa-map

Debt levels in Africa have become an “issue of concern” once more, and could start impacting how regional central banks conduct monetary policy, a Bank for International Settlements paper finds.

The research, by Benedicte Vibe Christensen and Jochen Schanz, concludes debt has not yet reached the point in most African countries where it might render monetary policy “ineffective”. But policy-makers will face a growing trade-off between defending their exchange rates and limiting debt-servicing

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.