We introduce a new suite of macroeconomic models that extend and complement the Debt, Investment, and Growth (DIG …'s properties by analyzing the growth, debt, and distributional consequences of big-push public investment programs with different …

In the wake of the COVID-19 pandemic, debt levels in emerging and developing economies have surged raising concerns … about fiscal sustainability. Historically, negative interest-growth differentials in these countries have played a debt …-stabilizing role. But is this enough to prevent countries from falling into debt distress? Drawing from a sample of 150 emerging and …

macroeconomic stability and growth. Second, the tools of macroeconomic policy-fiscal and monetary policy together with debt … deficit and debt ratios. This paper discusses these macroeconomic dimensions, focusing on the developing world. The paper …

The purpose of the study is to test for debt sustainability as well as assess the impact of public debt on economic … suggested by Bohn (1998) to test for the sustainability of Ghana's debt. The neoclassical growth model was used to determine the … relationship between debt and economic growth after controlling for other determinants of growth such as labour, capital, trade …