Ncanywa, Thobeka; Masoga, Marius Mamokgaetji - In: Cogent economics & finance 6 (2018) 1, pp. 1-13
South Africa is a developing country faced with diverse challenges like high unemployment, poverty, inequality and low economic growth. In an attempt to address these issues, government can embark on borrowing and incur public debt. Countries that run large persistent public debt signal negative...