Effect of Debt on Economic Growth of East African Region
MICHAEL GACHANJA GICHIGO,
WILLY MUTURI, PhD
Abstract:This research study established the effect of debt on economic growth of East African region in view of an upsurge in the level of debts in many countries on the African continent. In order to achieve the research objectives, a methodology framework of panel autoregressive distributed-lag (Panel ARDL) was undertaken. The study answered the following research questions: What is the effect of multilateral institutions debts on economic growth in East African region? What is the effect of debts from development f… Show more
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