MACMILLAN Public Debt and Private Wealth - Sudan Study

Explore a deep analysis of the International Monetary Fund's role in sub-Saharan foreign debt and structural adjustment. This academic work focuses on Sudan to challenge common assumptions regarding the IMF's ability to enforce policy conditions. It provides a unique look at how defaulting countries manage to maintain capital inflows even while in arrears to the IMF. Readers will gain insights into the efficacy of World Bank and IMF policies by examining the impact of unrecorded foreign exchange movements. The text covers how unofficial migrant remittances, parallel economies, and capital flight affect economic stability. This study is an essential resource for those studying international political economy and the complexities of debt management in developing nations.