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Persistent link: https://www.econbiz.de/10011392288
The increased access of African countries to international capital markets has put public debt sustainability once again high on the continentś policy agenda. Utilizing the "stabilizing primary balance" approach, we find that the primary balances exceeded those required to keep public debt at...
Persistent link: https://www.econbiz.de/10011279739
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Persistent link: https://www.econbiz.de/10009788473
This paper analyzes the link between public investment, economic growth and debt sustainability in Sierra Leone using an inter-temporal macroeconomic model. In the model, public capital improves the productive capacity of private capital, generating positive medium and long term effects to...
Persistent link: https://www.econbiz.de/10013016585
The heightened interest of African countries to access international capital markets has put public debt sustainability once again high on the continent's policy agenda. Applying the ‘stabilizing primary balance approach' to sustainability shows that the primary balances exceeded those...
Persistent link: https://www.econbiz.de/10013078357
This paper analyzes the link between public investment, economic growth and debt sustainability in Sierra Leone using an inter-temporal macroeconomic model. In the model, public capital improves the productive capacity of private capital, generating positive medium and long term effects to...
Persistent link: https://www.econbiz.de/10014275798