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What is External Debt about?

The document examines the relationship between external debt and economic growth in Ethiopia from 2001 to 2021. It uses descriptive and regression analysis to analyze long-run and short-run impacts. It finds that external debt negatively impacts economic growth both in the long-run and short-run, indicating a debt overhang problem. However, external debt service does not crowd out growth.

Author

beletemelaku391

Language

EN