Several research papers that analyses the impact of external debt on the economic well-being of either a single or a group of countries have been published. A group of low-income countries classified as HIPCs have continued to experience difficulties in managing and servicing their huge stocks of external debt.
ascertain the short-run dynamic nature of external debt and economic growth. Consistent with some Keywords: Economic Growth, External Debt, Government Investment, Oman, Public. Investment .. scr//crpdf. Pesaran, H. M. empirical studies of external debt and economic growth relationship. The decline in investment and growth performance of the highly indebted countries in the.
External debt plays a major role in shaping the economic activity of any country. The purpose of the study is to determine the role of external debt on economic growth in Pakistan economy. Keywords: External Debt, Gross Domestic Product, Economic Growth. This study investigates the role of external debt on the economic growth of Mauritania. It applies various econometrics techniques such as unit root test, Ordinary.
II. THEORETICAL FRAMEWORK. There are different approaches about the effect of external debt on economic growth. According to classical growth model, the. While data on Gross Domestic Product (GDP), External Debt Stock and External Debt Service Payment were Theoretical Framework, and Empirical Review.
This article provides a detailed survey of existing theoretical and empirical literature on the impact of public debt on economic growth in both. Debt accumulation is a common feature of many developing countries economy. Kenya, being a developing country has overtime relied heavily on borrowings.
In this article we will discuss about: 1. Magnitude of External Debt Problem 2. Causes of External Debt Problem 3. Debt Relief Measures 4. India and External. modern international finances, that is external debt of developing countries, has been presented. The major aim of the work was to demonstrate the causes of.