Commodity-linked bonds as an innovative financing instrument for African countries to build back better

Commodity-linked bond, a type of state contingent claims, presents an innovative tool for African countries to mobilize resources on the international capital markets. Given their colossal financing needs, which has been worsened by the COVID-19 pandemic, African countries need to put in place innov...

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Bibliographic Details
Main Author: Joseph Atta-Mensah
Format: Article
Language:English
Published: AIMS Press 2021-06-01
Series:Quantitative Finance and Economics
Subjects:
Online Access:https://www.aimspress.com/article/doi/10.3934/QFE.2021023?viewType=HTML