Super cena

External Debt and Economic Growth in Sub-Saharan Africa - Hagos Atakilt

Name: External Debt and Economic Growth in Sub-Saharan Africa - Hagos Atakilt
Brand: KS OmniScriptum Publishing
Availability: InStock

+ Dodaj do porównania Dodaj do listy zakupowej

Rozmiar

uniwersalny

Cena regularna~~386,87 zł~~

383,87 zł

/ szt.

Najniższa cena z 30 dni przed obniżką: 404,51 zł

Możesz kupić także poprzez:

Produkt dostępny

Darmowa i szybka dostawa od 89,00 zł

14 dni na łatwy zwrot

Bezpieczne zakupy

The effect of external debt on economic growth has been among the contentious issues. Based on panel data for 44 Sub-Saharan African countries for a period of over 30 years, this book reveals that external debt stock and debt services are found to have a statistically significant negative impact on economic growth especially at higher debt levels of debt/GDP ratio. The growth maximizing level of debt stock ranges from 25% to 45% of GDP. Furthermore, external debt affected growth by adversely affecting human capital formation. Debt service payments are also found to have the "crowding out" effects on private investment. The implication of these findings is that countries in Africa should align their public policies towards maintaining a sustainable level of indebtedness, improve the quality of their man power, enhance good governance and control corruption. In addition to the provision of new loans, developed countries and multilateral institutions should foster development cooperation and fairer trade for Africa. Postgraduate students and other researchers will benefit by reading this book as it adds value to the theoretical and empirical literature on external debt.

EAN: 9783844319828

Producent

KS OmniScriptum Publishing

Kod produktu

715GJT03527KS

Rok wydania

2011

Elementy

Oprawa

Oprawa Skórzana

Miekka

Format

15.2x22.9cm