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dispensation is young, comprehensive empirical works to this effect in the case of Africa are hard to find. This study, therefore … Africa. Second, the study investigates the joint effect of economic development and elections on debt servicing in Africa … periods are associated with lower debt servicing in Africa, and (2) economic development is significant in enhancing debt …
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This paper is motivated by the Direct Effect of Debt Hypothesis (DEDH), and based on empirical facts, develops a theoretical model that explores the impact of external debt on economic growth by taking into consideration exports and the role of institutions or quality of governance. Using...
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relationship between external debt and economic growth in Africa. The result demonstrates that beyond a specific capacity, the … growth in Africa. The findings of this study reinforce the need for policymakers to ensure proper application of external …
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. However, for Africa, the role of China's infrastructure projects has mixed views with regards to its contribution to growth … whether the infrastructural projects are beneficial or detrimental to Africa. Currently, there is no settled opinion as to … whether (or not) Africa is benefiting from the Chinese economic relations. This study was quantitative, and we used panel data …
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This paper examines the impact of public debt on fiscal balance. This study uses the standard debt equation in a fiscal reaction and impulse response functions framework to assess the trajectory of public debt and its sustainability within the Sub-Sahara region from 1980-2017. From the...
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