Publication Information
Published by: Admin
Published: 2 years ago
View: 2
Pages: 19
ISBN:
Download PDF (EN)
Abstract
With the global financial crisis, there was a surge in the levels of public debt resulting from the economic downturn and many developing countries resorting to external debt to meeting their civic obligations. This paper examines the debt problem in developing countries in Africa between 2010 and 2017. The study employed the use of measurement of government’s indebtedness as well as sustainability of the debt measure to evaluate the ratio of gross public debt to the gross domestic product and to ascertain how well the borrowed funds are used by the government. Importantly, the change in ratio of public debt to GDP was examined over a 4-year period (2010-2016).
Related Publications
VOLUME 3 ISSUE 2 2020
Financial Development and Economic Growth in Nigeria
2 years ago
0
shares
This paper examines the impacts of financial devel
VOLUME 3 ISSUE 2 2020
Exchange rate volatility and Productivity growth in Nigeria
2 years ago
0
shares
This study seeks to examine whether financial deve
VOLUME 3 ISSUE 2 2020
Growing the Nigerian Economy
2 years ago
0
shares
The Nigerian economy has witnessed persistent decl