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External Debt, Institutional Quality and Economic Growth in East African Countries
Journal of East-West Business, 2023This study aimed to analyze the impact of external debt on economic growth with mediating role of institutional quality by employing a heterogeneous panel Autoregressive distributed lag (ARDL) model through a pooled mean group (PMG) estimator over ...
T. Alemu +2 more
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The Review of Black political economy, 2022
By pooling a sample of 25 countries spanning from 1990–2017, this study analyzed the relationship between external debt accumulation and foreign direct investment inflows in Sub-Saharan Africa.
Chukwuebuka Bernard Azolibe
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By pooling a sample of 25 countries spanning from 1990–2017, this study analyzed the relationship between external debt accumulation and foreign direct investment inflows in Sub-Saharan Africa.
Chukwuebuka Bernard Azolibe
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External Debt Management in Romania [PDF]
This paper approaches the evolution of Romania’s foreign debt in three periods of time: during Nicolae Ceausescu regime, in the transition period and the one which followed the adhesion to European Union. For all three periods the external debt management had to deal with different circumstances: the sharp increase of real interest rates from the 1980s,
Dumitriu, Ramona, Stefanescu, Razvan
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Commodity Windfalls, Democracy and External Debt [PDF]
We examine the effects that windfalls from international commodity price booms have on external debt in a panel of 93 countries during the period 1970–2007. Our main finding is that increases in the international prices of exported commodity goods lead to a significant reduction in the level of external debt in democracies but to no significant ...
Arezki, Rabah, Bruckner, Markus
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, 2020
This study investigates the impact of external debt and export on economic growth of Sub-Saharan African countries, using ARDL panel model and appropriate estimation techniques. The estimation results reveal insignificant positive impact of both external
S. Edo +2 more
semanticscholar +1 more source
This study investigates the impact of external debt and export on economic growth of Sub-Saharan African countries, using ARDL panel model and appropriate estimation techniques. The estimation results reveal insignificant positive impact of both external
S. Edo +2 more
semanticscholar +1 more source
, 2020
We estimate a panel vector autoregression model to examine the relationship between external debt and economic growth. We use a large dataset based on 123 countries, classified according to income levels over the period 1990–2015.
Irfan A. Qureshi, Zara Liaqat
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We estimate a panel vector autoregression model to examine the relationship between external debt and economic growth. We use a large dataset based on 123 countries, classified according to income levels over the period 1990–2015.
Irfan A. Qureshi, Zara Liaqat
semanticscholar +1 more source
Cyclicality of taxes and external debt
Applied Economics, 2015Vegh and Vuletin (2015) have shown that statutory tax rates are acyclical in developed economies and procyclical in developing ones. This paper extends their analysis by checking the interaction of statutory tax rates with the external public debt. After building a simple model that shows that developing countries are expected to have a lower threshold
Noa Srebrnik, Michel Strawczynski
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Reforming external debt governance in Turkey to reach external debt sustainability
Journal of Asian EconomicsThe paper argues that the attainment and maintenance of external debt sustainability is challenging, and that it is not a choice. A country whose government fails to respect external debt sustainability would eventually default on its external debt. But in the case of default the penalty is the inability to borrow in international markets, and hence ...
Aslı Togan, Sübidey Togan
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