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 language | English |
|---|---|
| Publication status | Published - 2010 |
UN SDGs
This output contributes to the following UN Sustainable Development Goals (SDGs)
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SDG 3 Good Health and Well-being
Keywords
- Debt Overhang
- debt growth channels
- developing countries' debt
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