Debt-Growth Channels, an Empirical Evaluation of the Developing countries

Research output: Working paper

Abstract

This paper investigates the channels through which debt has an impact on the GDP growth rate of a debtor country. Literature suggests that debt can effect growth via numerous channels such as physical investment sue to debt-overhang; human capital as government has to allocate more of its limited funds to debt-servicing rather than investing in peoples’ health and education.
Original languageEnglish
Publication statusPublished - 2010

Keywords

  • Debt Overhang
  • debt growth channels
  • developing countries' debt

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