External Debt - Blessing or Curse: Empirical Evidence from Pakistan

This study investigates the impact of external debt on the economic growth of Pakistan using annual time series data over the period 1976 to 2018. For this purpose, the syntheses of debt overhang and debt crowding-out hypotheses are examined within the framework of augmented Solow growth model. An...

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Bibliographic Details
Main Authors: Minhaj ud-Din, Muhammad Azam Khan, Muhammad Tariq
Format: Article
Language:English
Published: EconJournals 2020-07-01
Series:International Journal of Economics and Financial Issues
Online Access:http://mail.econjournals.com/index.php/ijefi/article/view/10134