Muyambiri, Brian; Mabejane, John-Baptiste - In: Economic review : journal of economics & business 21 (2023) 1, pp. 25-40
This paper examines the dynamic causal relationship between financial development, external debt and investment in … investment in Lesotho, Namibia and Eswatini from 1980-2020 is country-dependent. For Eswatini, both investment and financial … Lesotho, where external debt is also found to Granger cause investment, also both in the short run and the long run. The study …
