Impact of National Debt Burden on Economic Stability in Nigeria

The study argues that national debt becomes a burden when debt overhang is rising, a foreign reserve is inadequate to cover short-term external debt and government revenue is inadequate for debt servicing. This paper investigates the impact of national debt burden on economic stability in Nigeria. D...

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Bibliographic Details
Main Authors: Onyele Kingsley Onyekachi, Nwadike Emmanuel Chijioke
Format: Article
Language:English
Published: Sciendo 2021-01-01
Series:Economics and Business
Subjects:
Online Access:https://doi.org/10.2478/eb-2021-0006