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Status: Unchecked ×Keyword: public sector reform ×Clear all

3 claims from 1 paper

1. Economics, Econometrics and Finance › Fiscal Policies and Political Economy

   External debt and economic growth in Sub-Saharan Africa: does heterogeneity in the quality of public sector management make a difference?

   Sandow, Oteng-Abayie and Duodu · Heliyon · 2022

   The study examines how external debt affects growth across 31 Sub-Saharan African countries from 2005 to 2017, and whether public sector management quality changes that effect.

   Unchecked3 claims
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   1. Unchecked“The results without differences in PSM quality show that external debt has a significant negative effect on economic growth in SSA.”
   2. UncheckedIn 31 Sub-Saharan African countries, external debt tends to relate positively to growth where public sector management quality is strong, when the two interact.“However, the effect of external debt on economic growth tends to be positive for SSA countries with strong PSM quality when external debt interacts with PSM quality.”
   3. UncheckedA panel smooth transition model found a nonlinear link between external debt and growth in 31 Sub-Saharan African countries, with a threshold at 45%.“The PSTR also showed strong evidence of a nonlinear relationship between external debt and economic growth and estimated the indebtedness threshold value at 45% for the selected SSA countries.”