Presbitero, Andrea F. - In: Economics: The Open-Access, Open-Assessment E-Journal 2 (2008) 2008-30, pp. 1-28
The paper investigates the relationship between external debt and economic growth, focusing on the role played by the policy and institutional framework. Results for a panel of 114 developing countries show that the debt-growth nexus depends on institutions and policies. The Debt-Laffer curve...