PUBLIC DEBT AND ITS MANAGEMENT IN THE REPUBLIC OF COTE D’IVOIRE
- Authors: Ruzina EI1, Kpakpo G1
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Affiliations:
- Peoples’ Friendship University of Russia
- Issue: No 2 (2015)
- Pages: 78-84
- Section: Articles
- URL: https://journals.rudn.ru/economics/article/view/12938
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Abstract
This article discusses about methods and the importance of minimizing public debt - external and internal debts - for the development of the republic of Cote d’Ivoire. It also details factors which contribute to the growth of the public debt and proposes recommendations for its minimization. In the conclusion it concluded by explaining how the presence of a large amount of public debt led to a lack of resources for the development of the country. At the same time, in my opinion, the program to reduce public debt is yet to efficiently respond to challenges the country faces due to debt burden in order to foster sustainable economic and social development in the country.
About the authors
E I Ruzina
Peoples’ Friendship University of Russia
G Kpakpo
Peoples’ Friendship University of Russia