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sustainability. Disclosure of nontraditional debt would imply significant welfare gains for the recipient countries but would reduce … its sustainability. We discuss the implications of nontraditional lending on standard assumptions of sovereign debt models …
Persistent link: https://www.econbiz.de/10012480291
sustainability. Disclosure of nontraditional debt would imply significant welfare gains for the recipient countries but would reduce … its sustainability. We discuss the implications of nontraditional lending on standard assumptions of sovereign debt models …
Persistent link: https://www.econbiz.de/10012861729
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The purpose of the study is to test for debt sustainability as well as assess the impact of public debt on economic … suggested by Bohn (1998) to test for the sustainability of Ghana's debt. The neoclassical growth model was used to determine the …
Persistent link: https://www.econbiz.de/10013348432
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Sound and efficient external debt sustainability is an essential instrument to shred the notoriety of indebtedness and … sustainability in Ethiopia using a yearly time series data that lasts from 1980 to 2016. A log-linear regression model was used, and … positively associated with debt sustainability in Ethiopia. Whereas terms of trade and foreign real interest rate were found …
Persistent link: https://www.econbiz.de/10012015577
Government debt has risen substantially in emerging market and developing economies (EMDEs) since the global financial crisis. The current environment of low global interest rates and weak growth may appear to mitigate concerns about elevated debt levels. Considering currently subdued...
Persistent link: https://www.econbiz.de/10012180739
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Mainstream macroeconomists have a tendency to see debt as a flow variable, whereas heterodox economists emphasizes that debt should be understood as a stock-flow component in the economy. In this way changes in debt has to do with adjustments in assets and liabilities as well as in the servicing...
Persistent link: https://www.econbiz.de/10012843609