New article on Determinants of Borrowing Costs in Sub-Saharan Africa

A paper I wrote with Aleksandr Gevorkyan was recently published in the November 2016 issue of the Review of Development Economics.  The article is Assessing Recent Determinants of Borrowing Costs in Sub-Saharan Africa. Empirically the paper finds that sovereign bond yields are significantly influenced by global volatility, commodity prices and global liquidity—all factors that are out of the control of the sub-Saharan economies in question.

The research was picked up by UN News Centre and the Schwartz Center for Economic Policy Analysis, and we published op-eds on the findings on Interfima, Developing Economics, Chartered Institute of Development Finance, and Seeking Alpha.

Author: Ingrid Harvold Kvangraven

PhD student in Economics at The New School, among other things. See my website: ingridhk.com

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