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Natural Resources and External Debt in Africa by cyruspatem12 is a document available to read on EtoBox.
What is Natural Resources and External Debt in Africa about?
This study investigates the impact of natural resources endowment and institutional quality on external debt in nine African countries from 1996 to 2019. It finds that while natural resource rents contribute to increased external debt, effective governance and control of corruption can mitigate this effect, though not completely. The study recommends a comprehensive strategy for debt management that includes economic diversification and fiscal discipline, rather than solely relying on institutional quality
- Author
- cyruspatem12
- Language
- EN