The Effect of External Debt on Economic Growth in Developing Countries (PDF)
(Sprache: Englisch)
Essay from the year 2022 in the subject Business economics - Economic Policy, grade: 5.0, , language: English, abstract: This paper examines the impact of external public debt on the economic growth of developing countries. It delves into the dynamics of...
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Essay from the year 2022 in the subject Business economics - Economic Policy, grade: 5.0, , language: English, abstract: This paper examines the impact of external public debt on the economic growth of developing countries. It delves into the dynamics of borrowing, debt service, and their effects on long-term economic development. The study analyzes established economic growth theories, including the neoclassical and endogenous growth models, to understand the intricate relationships between investment, technology, and labor that shape a nation's economic trajectory. It further explores the implications of debt through liquidity constraint and debt overhang theories, highlighting the potential crowding-out effect and diminished local resources for development due to debt service obligations.
Bibliographische Angaben
- Autor: Owen Adams
- 2023, 10 Seiten, Englisch
- Verlag: GRIN Verlag
- ISBN-10: 3346923983
- ISBN-13: 9783346923981
- Erscheinungsdatum: 18.08.2023
Abhängig von Bildschirmgröße und eingestellter Schriftgröße kann die Seitenzahl auf Ihrem Lesegerät variieren.
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- Größe: 0.49 MB
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Englisch
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