The study concluded that though in the short-run the impact of borrowed fund on the Nigerian economy was positive, the impact of debt in the long-run depressed economic growth as a result of incompetent debt management
economic growth in Nigeria The variables used were the external debt, domestic debt, total debt and budget deficit He found that the impact of debt
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6 jui 2019 · The empirical results revealed that external debt and domestic debt have negative and significant effects on economic growth in Nigeria More so, the results showed that domestic debt and external debt granger cause real gross domestic product (RGDP) with causality runs from external debt and domestic debt to RGDP
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Borrowing, Domestic debt, Economic growth, Foreign debt, Public debt Abstract The study investigated the effect of public debts on economic growth of Nigeria
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15 mai 2020 · because external debt servicing crowds-out government expenditure on socio- economic development and poverty alleviation It was in 2005 that
MPRA paper
17 juin 2021 Abstract: This study investigated the effect of government debt on Nigeria's economic growth using annual data from 1980 to 2018 and the ...
carried out between public debt and its impact on economic growth prices consequences on economic development using data on the Nigerian economy.
The short run result also showed that domestic debt has a positive and significant impact on the economic growth in Nigeria while credit to private sector has a.
Debt or borrowings have been described as an important instrument of fiscal policy available to government to fund the development of a nation. Debt is employed
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At the same time there is evidence that the annual change of the public debt ratio and the budget deficit-to-GDP ratio are negatively and linearly associated
1 juin 2021 Public borrowing should have a significant impact on the growth and investment of a nation up to a point where high level of external debt ...
Though Nigeria has not been alone in experiencing escalating government indebtedness but in comparison with other Sub-Sahara Africa Nigerian debt to GDP has
between public debt and economic growth once we account for the impact of global factors and their spillover effects. Regardless of the threshold
between economic growth external debt and domestic debt in Nigeria over the period 1970 to. 2011. They found that external debt has a negative impact on
2 Impact of Public Debt on Economic Growth in Nigeria (1990 to 2019) debt to nominal GDP ratio is a paltry 23 which is lowest amongst economies of the same category as Nigeria [4] The second group highlights that when the debt is analyzed using real GDP the debt to GDP ratio of 29
Oct 23 2019 · Nigeria’s debt is on the increase however the unprecedented increase in the debt profile started in 1987 when the debt rose to N137 58 Billion By 2012 the total debt amounted to N7564 4 Trillion Out of this amount domestic debts accounted for between 82 2 and 87 2
study examines the impact of public debt on economic growth in Nigeria The study used the Johansen cointegration test Ordinary Least Square technique and Vector Error Correction Model to analyze data sourced from the Central Bank of Nigeria Debt Management Office International Mone-tary Fund and the World Bank for the period 1981-2019
The most significant and the first rising in the public debt of Nigeria occurred in 1987 with the total public debt being N137 58 billion representing over 96 Subsequently the public debt in Nigeria increases unabated such that in 2004 the total public debt was N6 188 03 billion
The broad objective of this study is to examine the effect of public debt on economic growth of Nigeria The specific objectives of the study are: i To determine the impact of domestic debt on the economic growth of Nigeria ii To assess the effect of external debt on the economic growth of Nigeria iii
Does public debt affect economic growth in Nigeria?
The findings of the VAR model also demonstrated that there is a bi-directional causality between public debt and economic growth in Nigeria. based on this findings, the study recommended that Nigeria government should source for loans within the economy.
Does public debt affect economic growth in Malaysia?
Siew-Peng and Yan-Ling (2015) assessed public debt and economic growth in Malaysia. The study particularly examined whether other indicators of debt burden, such as budget deficit, budget expenditure, and external debt service and government consumption, have an impact on economic growth.
Does public debt affect economic growth in Pakistan?
Results stemming from the analyses revealed a negative association between diet and growth. The study also discovered that budget deficit, government consumption and external debt service are a decreasing function of GDP. Khan, Rauf, Mirajul-haq, Anwar (2016) examined the impact of public debt on economic growth of Pakistan.
Why is public borrowing important in Nigeria?
Because the main object of public borrowing is to improve economic growth and maintain a sustainable economic development, the Nigerian public sector has over time negotiated for an increased domestic borrowing relative for external borrowing so as accelerate productive investment.
The impact of government debt on economic growth in Nigeria