The Relation between the External Debt and the Economic Growth: Case Study of Egypt
| المصدر: | مجلة التجارة والتمويل |
|---|---|
| الناشر: | جامعة طنطا - كلية التجارة |
| المؤلف الرئيسي: | حسنين، كريم بدر الدين عطية (مؤلف) |
| المجلد/العدد: | ع3 |
| محكمة: | نعم |
| الدولة: |
مصر |
| التاريخ الميلادي: |
2023
|
| الشهر: | سبتمبر |
| الصفحات: | 318 - 351 |
| ISSN: |
1110-4716 |
| رقم MD: | 1421128 |
| نوع المحتوى: | بحوث ومقالات |
| اللغة: | الإنجليزية |
| قواعد المعلومات: | EcoLink |
| مواضيع: | |
| كلمات المؤلف المفتاحية: |
External Debt | Government Investment | Economic Growth | Policy | Egypt
|
| رابط المحتوى: |
عدد مرات التحميل
2
| المستخلص: |
The persistence growth of Egypt's external debt has raised concerns regarding its impact on economic growth. This study examines the effect of the external debt on economic growth of Egypt .It adopted a time series analysis of ARDL (Auto- Regressive Distributive Lag model) on secondary data sourced from World Bank. The study tackles the period (1985- 2020). GDP growth is used as a dependent variable and external debt servicing, savings, foreign direct investment and exports are the explanatory variables. The finding indicates that external debt had a positive effect on economic growth in Egypt. The study provides an understanding of how the importance of external debt could be short-lived due to its misapplication. The result reveals evidence to support a long-run equilibrium relationship between external debt and economic growth in Egypt. The result demonstrates that beyond a specific capacity, the short-run converges to equilibrium in the long-run and external debt would start to have a deteriorating impact on economic growth in Egypt. The findings of this study reinforce the need for policymakers to ensure proper application of external debt on economic activities that would lead to sustained longterm economic performance. Moreover, the government and development partners must put in place a monitoring mechanism to ensure the efficient use of borrowed funds. |
|---|---|
| ISSN: |
1110-4716 |
عناصر مشابهة
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The Impact of External Debt on Economic Growth: The Case of Egypt
بواسطة: موسى، نهلة حسن علي منشور: (2022) -
External Debt and Economic Growth in Egypt
بواسطة: El-Mahdy, Adel منشور: (2022) -
The Effect of Government Debt on Economic Growth by Using VAR Model: The Case of Egypt
بواسطة: Khalil, Emam منشور: (2020) -
Sudan’s External Debt Burden and the Prospect for Debt Relief in a Socio-Economic and Political Perspective
بواسطة: Elbadri, Mutasim Yousif منشور: (2012) -
Determinants of External Debt in Jordan
بواسطة: Naes, Mohammad Naser منشور: (2005)
