The Social Sciences

Year: 2019
Volume: 14
Issue: 2
Page No. 55 - 67

References

Abdelhadi, S.A., 2013. External debt and economic growth: Case of Jordan (1990-2011). J. Econ. Sustainable Dev., 4: 26-33.
Direct Link  |  

Abubakar, S., 2008. External debt and Nigerian economic development: An empirical investigation. Master Thesis, Department of Accounting, Ahmadu Bello University, Zaria, Nigeria.

Adam, J.A. and A.S. Bankole, 2000. The macroeconomics of fiscal deficits in Nigeria. Niger. J. Econ. Soc. Stud., 42: 263-290.
Direct Link  |  

Adegbite, E.O., F.S. Ayadi and O.F. Ayadi, 2008. The impact of Nigeria's external debt on economic development. Intl. J. Emerging Markets, 3: 285-301.
Direct Link  |  

Adepoju, A.A., A.S. Salau and A.E. Obayelu, 2007. The effects of external debt management on sustainable economic growth and development: Lessons from Nigeria. Masters Thesis, University of Ibadan and Ladoke Akintola University of Technology, Kingston, Jamaica.

Adesola, W.L., 2009. Debt service and economic-growth in Nigeria. Global J. Soc. Sci., 8: 1-11.

Afxentiou, P.C. and A. Serletis, 1996. Foreign indebtedness in low- and middle-income developing countries. Soc. Econ. Stud., 45: 133-159.
Direct Link  |  

Ajayi, S.I. and M.S. Khan, 2000. External Debt and Capital Flight in Sub-Saharan Africa. International Monetary Fund Publication, Washington, DC., USA., Pages: 321.

Ajayi, S.I., 1991. Macroeconomic Approach to External Debt, the Case of Nigeria. Vol. 8, Initiatives Publishers, Africa, ISBN:9789966420312, Pages: 66.

Amoateng, K. and B. Amoako-Adu, 1996. Economic growth, export and external debt causality: The case of African countries. Appl. Econ., 28: 21-27.
Direct Link  |  

Anonymous, 2015. World development indicators. World Bank, Washington, USA. http://datatopics.worldbank.org/world-development-indicators/

Ariyo, A., 1996. Budget Deficits in Nigeria, 1974-1993: A Behavioural Perspective. In: Economic Reform and Macroeconomics Management in Nigeria, Ariyo, A. (Ed.). S.N. Publishing Company, Sezen Aksu, Turkey, pp: 263-263.

Arnone, M., L. Bandiera and A.F. Presbitero, 2005. External debt sustainability: Theory and empirical evidence. Catholic Univ. Piacenza Econ., 33: 1-47.

Aschauer, D.A., 1989. Is public expenditure productive? J. Monetary Econ., 23: 177-200.
Direct Link  |  

Atique, R. and K. Malik, 2012. Impact of domestic and external debt on the economic growth of Pakistan. World Appl. Sci. J., 20: 120-129.
CrossRef  |  Direct Link  |  

Audu, I., 2004. The impact of external debt on economic growth and public investment: The case of Nigeria. African Institute for Economic Development and Planning (IDEP), Dakar, Senegal. http://invenio.unidep.org/invenio//record/17804/files/external%20debt%20nigeria.pdf

Ayadi, F.S. and F.O. Ayadi, 2008. The impact of external debt on economic growth: A comparative study of Nigeria and South Africa. J. Sustainable Dev. Afr., 10: 234-264.
Direct Link  |  

Ayadi, F.S. and F.O. Ayadi, 2008. The impact of external debt on economic growth: A comparative study of Nigeria and South Africa. J. Sustainable Dev. Afr., 10: 234-264.

Azam, M., C. Emirullah, A.Q. Khan and A.C. Prabharker, 2013. The role of external debt in economic growth of Indonesia-A blessing or burden. World Appl. Sci. J., 25: 1150-1157.
CrossRef  |  Direct Link  |  

Babu, J.O., S. Kiprop, A.M. Kalio and M. Gisore, 2014. External debt and economic growth in the East Africa community. Afr. J. Bus. Manage., 8: 1011-1018.
CrossRef  |  Direct Link  |  

Bakar, N.A.A. and S. Hassan, 2008. Empirical evaluation on external debt of Malaysia. Int. Bus. Econ. Res. J., 7: 95-108.
Direct Link  |  

Bauerfreund, O., 1989. External debt and economic growth: A computable general equilibrium case study of Turkey 1985-1986. Ph.D. Thesis, Duke University, Dubai, UAE.

Bhatia, H.L., 2006. Public Finance. VRINDA Publications Ltd., New Delhi, India,.

Borensztein, E., 1991. Debt overhang, debt reduction and investment: The case of the Philippines. IMF. Working Paper, 1: 1-27.
Direct Link  |  

Bulow, J. and K. Rogoff, 1990. Cleaning up third world debt without getting taken to the cleaners. J. Econ. Perspect., 4: 31-42.
CrossRef  |  Direct Link  |  

CBN., 2015. Annual statistical bulletin. Central Bank of Nigeria, Nigeria. http://www.cbn.gov.ng/documents/statbulletin.asp

Cassimon, D., R. Renard and K. Verbeke, 2008. Assessing debt-to-health swaps. Lancet, 371: 473-473.
CrossRef  |  Direct Link  |  

Checherita, C. and P. Rother, 2010. The impact of high and growing government debt on economic growth: An empirical investigation for the Euro area. Master Thesis, European Central Bank, Frankfurt, Germany.

Chenery, H. and W. Strout, 1996. Foreign assistance and economic develop-development. Am. Econ. Rev., 66: 679-733.

Chowdhury, K., 1994. A structural analysis of external debt and economic growth: some evidence from selected countries in Asia and the Pacific. Appl. Econ., 26: 1121-1131.
Direct Link  |  

Claessens, S. and I. Diwan, 1990. Investment incentives: New money, debt relief and the critical role of conditionality in the debt crisis. World Bank Econ. Rev., 4: 21-41.
Direct Link  |  

Claessens, S., E. Detragiache, R. Kanbur and P. Wickham, 1996. Analytical Aspects of the Debt Problems of Heavily Indebted Poor Countries (No. 1618). World Bank Publications, Africa,.

Clements, B., R. Bhattarcharya and T.Q. Nguyen, 2003. External Debt, Public Investment and Growth in Low-Income Countries. IMF, Washington, DC., USA.,.

Cohen, D., 1993. Low investment and large LDC debt in the 1980's. Am. Econ. Rev., 83: 437-449.
Direct Link  |  

Cordella, T., A. Ricci and R. Arranz, 2005. Debt Overhang or Debt Irrelevance? Revisiting the Debt-Growth Link. International Monetary Fund, Washington, DC., USA.,.

Cunningham, R.T., 1993. The effects of debt burden on economic growth in heavily indebted developing nations. J. Econ. Dev., 18: 115-126.
Direct Link  |  

Curutchet, A.S., 2005. Debt and economic growth in developing and industrial countries. MA Thesis, Department of Economics, Lund University, Lund, Sweden.

Degefe, B., 1992. Growth and Foreign Debt: The Ethiopian Experience: 1964-86. African Economic Research Consortium, Nairobi, Kenya,.

Deshpande, A., 1997. The debt overhang and the disincentive to invest. J. Dev. Econ., 52: 169-187.

Dessy, S.E. and D. Vencatachellum, 2007. Debt relief and social services expenditure: The African experience, 1989-2003. Afr. Dev. Rev., 19: 200-216.
Direct Link  |  

Easterly, W., 2002. How did heavily indebted poor countries become heavily indebted? Reviewing two decades of debt relief. World Dev., 30: 1677-1696.
Direct Link  |  

Elbadawi, I., B. Ndudu and N. Ndungu, 1997. Debt Overhang and Economic Growth in Sub Saharan Africa. In: External Finance for Low Income Countries, Iqbal, Z. and K. Ravi (Eds.). IMF Institute, Washington, DC., USA., pp: 49-76.

Ellig, J., 2001. Internal markets and the theory of the firm. Managerial Decis. Econ., 22: 227-237.
CrossRef  |  Direct Link  |  

Ezeabasili, V.N., H.O. Isu and J.N. Mojekwu, 2011. Nigeria’s external debt and economic growth: An error correction approach. Intl. J. Bus. Manage., 6: 156-170.

Ezeabasili, V.N., H.O. Isu and J.N. Mojekwu, 2011. Nigeria’s external debt and economic growth: An error correction approach. Intl. J. Bus. Manage., 6: 156-170.

Ezike, J.E., and J.N. Mojekwu, 2011. The impact of external debt on macro-economic performance. Intl. J. Bus. Manage., 1: 1-12.

Fosu, A.K., 1996. The impact of external debt on economic growth in Sub-Saharan Africa. J. Econ. Dev., 21: 93-118.
Direct Link  |  

Fosu, A.K., 1999. The external debt burden and economic growth in the 1980s: Evidence from Sub-Saharan Africa. Can. J. Dev. Stud., 20: 307-318.
CrossRef  |  Direct Link  |  

Fosu, A.K., 2007. The external debt-servicing constraint and public expenditure composition: Evidence from African Countries. Master Thesis, UNU-WIDER, Katajanokanlaitur, Helsinki, Finland.

Frimpong, J.M. and E.F. Oteng-Abayie, 2006. The impact of external debt on economic growth in Ghana: A cointegration analysis. J. Sci. Technol., 26: 122-131.
Direct Link  |  

Greene, J. and D. Villanueva, 1991. Private investment in developing countries: An empirical analysis. Staff Pap., 38: 33-58.
Direct Link  |  

Gujarati, M.D., 2004. Basic Econometrics. 4th Edn., Tata McGraw-Hill Publishing Co. Ltd., New York, USA., ISBN-13: 9780070597938, Pages: 1002.

Hameed, A., H. Ashraf and M.A. Chaudhary, 2008. External debt and its impact on economic and business growth in Pakistan. Int. Res. J. Finance Econ., 20: 132-140.

Hassan, O.M., A. Sule and J. Abu, 2015. Implications of external debt on the Nigerian economy: Analysis of the dual gap theory. J. Econ. Sustainable Dev., 6: 238-248.
Direct Link  |  

Iyoha, M.A., 1999. External debt and economic growth in Sub-Saharan African countries: An econometric study. Research Paper No.90, African Economic Research Consortium, Nairobi, Kenya.

Iyoha, M.A., 2000. The impact of external debt reduction on economic growth in Nigeria: Some simulation results. Niger. J. Econ. Soc. Stud., 42: 235-262.
Direct Link  |  

Jauch H., 2012. How the IMF-World Bank and Structural Adjustment Program (SAP) destroyed Africa. News Rescue, Africa. http://newsrescue.com/how-the-imf-world-bank-and-structural-adjustment-programsap-destroyed-africa/#axzz3IhiFrD7R

Johansson, P., 2010. Debt relief, investment and growth. World Dev., 38: 1204-1216.
Direct Link  |  

Karagol, E., 2002. The causality analysis of external debt service and GNP: The case of Turkey. Central Bank Rev., 1: 39-64.
Direct Link  |  

Korkmaz, S.U.N.A., 2015. The relationship between external debt and economic growth in Turkey. Proceedings of the Second European Academic Research Conference on Global Business, Economics, Finance and Banking, July 3-5, 2015, EAR15Swiss, Zurich, Switzerland, ISBN:978-1-63415-477-2, pp: 1-9.

Krugman, P., 1988. Financing vs. forgiving a debt overhang. J. Dev. Econ., 29: 253-268.
Direct Link  |  

Lensink, R. and H. White, 1999. Is there an aid Laffer Curve?. Research Paper No.99/6, Centre for Research in Economic Development and International Trade, University of Nottingham, Nottingham, England. https://www.econstor.eu/bitstream/10419/81806/1/99-06.pdf

Lora, E. and M. Olivera, 2006. Public debt and social expenditure: Friends or foes?. Technical Report 563, Inter-American Development Bank, Washington DC., USA. https://papers.ssrn.com/sol3/papers.cfm?abstract_id=905964

Obadan, M.I., 2000. External sector policy. Bullion Publ. CBN., 24: 39-43.

Obadan, M.I., 2004. Foreign Capital Flows and External Debt. Broadway Press, Lagos, Nigeria,.

Ogunmuyiwa, M.S., 2011. Does external debt promote economic growth in Nigeria. Current Res. J. Econ. Theory, 3: 29-35.

Ojo, M.O., 1994. African Debt Burden in Historical Perspective. In: African Debt Burden and Economic Development, Onah, F.E. (Eds.)., Nigerian Economic Society, Nigeria, pp: 14-34.

Omoh, G. and E. Ujah, 2014. Nigeria sinks deeper into external debt. Vanguard Media Limited, Nigeria. https://www.vanguardngr.com/

Osinubi, T.S., R.O.S. Dauda and O.E. Olaleru, 2010. Budget deficits, external debt and economic growth in Nigeria. Singapore Econ. Rev., 55: 491-521.
Direct Link  |  

Pattillo, C., H. Poirson and L. Ricci, 2002. External Debt and Growth. International Monetary Fund, Washington, DC., USA.

Poirson, M.H., M.L.A. Ricci and M.C.A. Pattillo, 2004. What are the Channels through which External Debt Affects Growth?. International Monetary Fund, Washington, USA.,.

Qayyum, U. and A. Haider, 2012. Foreign aid, external debt and economic growth nexus in low-income countries: The role of institutional quality. Pak. Dev. Rev., 51: 97-115.
Direct Link  |  

Rahman, M.M., M.A. Bashar and S. Dey, 2012. External debt and gross domestic product in Bangladesh: A co-integration analysis. Manage. Res. Pract., 4: 28-36.
Direct Link  |  

Sachs, J., 1989. The Debt Overhang of Developing Countries. In: Debt, Stabilization and Development: Essays in Memory of Carlos Diaz-Alejandro. Findlay, R., G. Calvo, P. Kouri and J.B. de Macedo (Eds.). Blackwell, Oxford, pp: 80-102.

Safdari, M. and M.A. Mehrizi, 2011. External debt and economic growth in Iran. J. Econ. Intl. Finance, 3: 322-327.
Direct Link  |  

Savvides, A., 1992. Investment slowdown in developing countries during the 1980s Debt overhang or foreign capital inflows. Kyklos, 45: 363-378.
Direct Link  |  

Savvides, A., M. Kumar and K. McLambo, 1996. Determinants of private investment in Sub Saharan Africa: An empirical investigation. Master Thesis, International Monetary Fund, Washington, USA.

Shah, M. and S. Pervin, 2012. External public debt and economic growth: Empirical evidence from Bangladesh, 1974 to 2010. Acad. Res. Intl., 3: 508-515.
Direct Link  |  

Solow, R.M., 1956. A contribution to the theory of economic growth. Quart. J. Econ., 70: 65-94.
CrossRef  |  Direct Link  |  

Sulaiman, L.A. and B.A. Azeez, 2012. Effect of external debt on economic growth of Nigeria. J. Econ. Sustainable Dev., 3: 71-79.

Tchereni, B.H.M., T.J. Sekhampu and R.F. Ndovi, 2013. The impact of foreign debt on economic growth in Malawi. Afr. Dev. Rev., 25: 85-90.
Direct Link  |  

Uzun, A., C. Karakoy, B. Kabadayi and O.S. Emsen, 2012. The impacts of external debt on economic growth in transition economies. Chinese Bus. Rev., 11: 491-499.
Direct Link  |  

World Bank, 1994. Nigeria: Structural adjustment programme; policies, implementation and impact. World Bank, New Jersey, USA.

World Bank, 2016. World development report. World Bank, Washington, USA.

Yesufu, T.M., 1996. The Nigerian economy: Growth without development. Bennin Soc. Ser. Afr. Univ., 1: 89-110.

Zafar, M., P.S.U. Sabri, M. Ilyas and S. Kousar, 2015. The impact of trade openness and external debt on economic growth: New evidence from South Asia, East Asia and Middle East. Sci. Intl. Lahore, 27: 509-516.
Direct Link  |  

Zouhaier, H. and M. Fatma, 2014. Debt and economic growth. Int. J. Econ. Fin. Issue, 4: 440-448.
Direct Link  |  

Design and power by Medwell Web Development Team. © Medwell Publishing 2023 All Rights Reserved