Kelikume, Ikechukwu; Otonne, Adewumi - In: International journal of management, economics and … 11 (2022) 1, pp. 48-74
This study investigated the role of productive capacity by testing the debt-led growth hypothesis in 54 African Countries. This study is motivated by the rising nature of external debt following the fallout of the Covid-19 and the neglect of productive capacity in the debt-growth empirical...