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The paper uses the data from the incomplete debt cycle for the LDC world from 1970 onwards to tell the typical story of debt. Two debt stories are contrasted: A good debt story: Here countries borrow and invest wisely, so that they grow more. A bad debt story: Here countries borrow when they are...
Persistent link: https://www.econbiz.de/10014215110
Despite the frequency of official debt restructurings, little systematic evidence has been produced on their characteristics and implications. Using a dataset covering more than 400 Paris Club agreements, this paper fills that gap. It provides a comprehensive description of the evolving...
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Purpose: This paper empirically investigated the impact of high government debt on economic growth, using a panel data … of nonlinearity between government debt and economic growth. The study used a cross-country panel data approach estimated … through the panel smooth transition regression to find the threshold effect. The results reveal a threshold of 60.5% of …
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-stage Least Square (TSLS) and Panel Ordinary Least Squares (POLS) estimation techniques on panel data from 41 African countries …
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investment on economic development across a panel of 35 SSA countries from 1995 to 2018. The data utilized are sourced from the …
Persistent link: https://www.econbiz.de/10015397372