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Infrastructure development in West Africa : what is the role of concessionary external debt?
Onye, Kenneth U.; Akpama, Ofem O.; Ikegwuonu, Amara F. - In: Financing Africa's development : paths to sustainable …, (pp. 53-71). 2020
Using two key components of Africa Infrastructure Index - energy and capital - we ask the data whether and how … concessionary public external debt may have impacted infrastructure outcomes in West Africa. The study relies on the fixed effect … found fairly broad and robust support for a positive overall contribution of "concessionary" external debt to infrastructure …
Persistent link: https://www.econbiz.de/10012262686
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Borrowing for growth : big pushes and debt sustainability in low-income countries
Zanna, Luis-Felipe; Buffie, Edward F.; Portillo, Rafael; … - In: The World Bank economic review : WBER 33 (2019) 3, pp. 661-689
Persistent link: https://www.econbiz.de/10012174852
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A comparative assessment of external debt management and infrastructural developments : perspectives on Nigeria's economy : 1979-2020
Osadume, Richard C.; Imide, Israel O. - In: Journal of money and business 2 (2022) 2, pp. 199-212
Persistent link: https://www.econbiz.de/10014252068
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COVID-19 Debt and Bankruptcy Infrastructure
Rasmussen, Robert K. - 2021
companies filing for bankruptcy, Congress should act now to build up a bankruptcy infrastructure sufficient to handle an influx …
Persistent link: https://www.econbiz.de/10013212040
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An empirical analysis on whether China's infrastructure lending is a debt trap for Africa
Liu, Yun; Li, Yangda; Zhu, Yite; Pan, Jiana; Huang, Qingan - In: Journal of Chinese economic and business studies 22 (2024) 3, pp. 379-408
Persistent link: https://www.econbiz.de/10015049678
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Harnessing windfall revenues in developing economies : sovereign wealth funds and optimal tradeoffs between citizen dividends, public infrastructure and debt reduction
Ploeg, Frederick van der; Venables, Anthony - 2008
Persistent link: https://www.econbiz.de/10003760463
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Does Belt and Road Initiative attract Cross-Border M&As from other countries?
Zhan, Chaoqun; Wang, Hanxi; Hou, Chenxue - In: The world economy : the leading journal on … 47 (2024) 5, pp. 1916-1942
Persistent link: https://www.econbiz.de/10014540716
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A framework to assess debt sustainability and fiscal risks under the Belt and Road Initiative
Bandiera, Luca; Tsiropoulos, Vasileios - 2019
This paper provides a framework to assess the impact of infrastructure investment expected under the Belt and Road … full growth impact of BRI related infrastructure is not entirely realized. In this initial phase, around one-third of …
Persistent link: https://www.econbiz.de/10012051935
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Public Capital, Sustainable Debt and Endogenous Growth
Greiner, Alfred - 2012
In this paper we analyze an endogenous growth model with public capital and public debt where we posit that the primary surplus of the government is a positive function of cumulated past debt with an exponentially declining weight put on debt further back in time. We consider two scenarios:...
Persistent link: https://www.econbiz.de/10013114337
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Public Capital and Fiscal Constraint in Sovereign Debt Crises
Asonuma, Tamon; Joo, Hyungseok - 2021
Sovereigns' public capital and fiscal constraint influence sovereign debt crises and resolution. We compile a dataset on public expenditure composition around restructurings with private external creditors. We show that during restructurings, public investment (i) experiences severe decline and...
Persistent link: https://www.econbiz.de/10013222482