Debt is a fundamental component of modern economic systems. It serves as a source of financing for government, business …, and individual projects. Many earlier studies concentrated on the direct relationship between debt and economic … performance using different econometric methodologies. This work investigates the effect of debt on production efficiency …

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 … relationship between debt and economic growth after controlling for other determinants of growth such as labour, capital, trade …

prevails, the fiscal position and the public debt are poor metrics for judging the viability of a public purpose and its pace …

part of the new debt issued by the government. In the UK, this has resulted in the rate of growth of money broadly …

This paper studies price stability and debt sustainability when the real rate exceeds trend growth (r > g) in a New … Keynesian model with endogenous technology growth through R&D. Under debt-stabilizing ("passive") fiscal policy the Taylor …-financing mechanism for deficits under active fiscal policy; growth provides some backing for the public debt, which reduces the need for …

exchange rate policy; fiscal sustainability and debt management; and patterns of economic growth. With respect to monetary … is balanced by managing aggregate demand, using fiscal policy. With respect to debt, the most sensitive indicators of … fiscal sustainability are the ratio of external debt service to foreign earnings, and the rollover risk on foreign currency …