This paper investigates the effect of both external and public debt on growth in developing countries. Based on data from the World Bank and using a sample of sixty-two developing economies, we find that per capita GDP growth is linearly dependent upon the percentage of the urban population with...

This paper investigates the effect of both external and public debt on growth in developing countries. Based on data from the World Bank and using a sample of sixty-two developing economies, we find that per capita GDP growth is linearly dependent upon the percentage of the urban population with...