Please use this identifier to cite or link to this item: http://hdl.handle.net/123456789/10653
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dc.contributor.authorLoggu-naa, Mumuni-
dc.date.accessioned2023-12-07T15:38:29Z-
dc.date.available2023-12-07T15:38:29Z-
dc.date.issued2022-02-
dc.identifier.urihttp://hdl.handle.net/123456789/10653-
dc.descriptionii,ill:81en_US
dc.description.abstractABSTRACT This study examined the joint effects of external debt and capital expenditure on economic growth. Using panel data of 37 SSA countries for the period of 2000–2020, the study found a negative relationship between external debt and economic growth, capital expenditure and economic growth, but a positive effect of the interaction between external debt and capital expenditure on economic growth. Therefore, the study recommended that externally borrowed funds by countries in SSA should be invested in productive ventures with prudent management to ensure economic growth and development. More importantly, governments of SSA should utilise fiscal and monetary policy efficiently to ameliorate the over dependence on external borrowings in financing their economic activitiesen_US
dc.language.isoenen_US
dc.publisherUniversity of Cape Coasten_US
dc.subjectCapital Expenditureen_US
dc.subjectEconomic Growthen_US
dc.subjectExternal Debten_US
dc.subjectGross Domestic Producten_US
dc.titleExternal Debt, Capital Expenditure and Economic Growth in Sub-saharan Africaen_US
dc.typeThesisen_US
Appears in Collections:Department of Economics

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