Results 31 to 40 of about 2,623,689 (408)
On the sustainability of external debt: is debt relief enough? [PDF]
Elaborating on Pasinetti (1998), the ‘geometry of debt sustainability’ (GDS) represents an analytical tool for the analysis of the long term sustainability of foreign debt. The paper focuses on debt sustainability in low-income countries, which face several major challenges simultaneously: achieving economic growth, consolidating human development ...
VAGGI, GIOVANNI, Annalisa Prizzon
openaire +5 more sources
When Is External Debt Sustainable? [PDF]
The article empirically examines the determinants of debt distress, defined as periods in which countries resort to any of three forms of exceptional finance: significant arrears on external debt, Paris Club rescheduling, and non-concessional International Monetary Fund lending.
Kraay, Aart, Nehru, Vikram
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External debt sustainability in West African countries [PDF]
Purpose – This paper aims to apply the debt sustainability framework using various ratios to review the current state of sovereign debt of Economic Community of West African States (ECOWAS) member countries.
Douglason Omotor
doaj +1 more source
This study aimed to determine the channels through which external debt transmits its impact on economic growth in sub-Saharan African (SSA) countries. To this end, panel data comprising 30 SSA countries were investigated for the period 1985–2019, using ...
A. Hassan, D. Meyer
semanticscholar +1 more source
External debt of Indonesia: From debt-led growth to growth-led debt?
Indonesia has received external debt as an external source of finance to fill in the investment-saving gap in achieving economic growth to improve social welfare. Despite Indonesian economy is able to recover to some extent, based on Bank Indonesia (2018)
Dita Kusumasari
doaj +1 more source
Abstract The valuation effects on international investment position induced by the exchange rate volatility are not uniform or easily manageable in small and vulnerable economies when compared with larger developing or developed countries. To investigate the underlying dynamics, we developed a foreign currency exposure index over the period 2006–2019 ...
Devendra Kumar Jain+4 more
wiley +1 more source
The path to kina convertibility: An analysis of Papua New Guineaʼs foreign exchange market
Abstract Papua New Guinea (PNG) has faced a foreign exchange (forex) shortage since 2015. The Bank of PNG has resorted to forex rationing to protect reserves, leading to a large backlog of orders and import compression. This paper surveys the structure of PNGʼs forex market and analyses recent market conditions.
Martin Davies, Marcel Schröder
wiley +1 more source
“External Debt, Domestic Investment and Economic Growth in Cameroon” A system Estimation Approach [PDF]
The feedback of external debt on economic growth through gross domestic investment has provided quite interesting results throughout the world especially in developing countries where external and internal borrowing have been a tradition.
FORGHA, Njimanted G.+2 more
core +2 more sources
Politics of evidence: Think tanks and the Academies Act
Abstract Previous research has identified political ideology as central in the landmark Academies Act (2010). This article further analyses how politics of evidence played its part in the policy process by focusing on long‐term structural changes and preferences among policymakers. The article draws on policymaker interviews after the reform, a mapping
Jaakko Kauko
wiley +1 more source
This paper assesses the non linear impact of external debt on growth using a large panel data set of 93 developing countries over 1969–98. Results are generally robust across different econometric methodologies, regression specifications, and different debt indicators. For a country with average indebtedness, doubling the debt ratio would reduce annual
Helene Poirson Ward+2 more
openaire +6 more sources