Some aspects of external debt and economic growth

Author(s): Boamah, Daniel O (1986)

Created 22 Jul, 1986
Categories Working Papers
Views: 2057
This paper utilizes the growth parameters of a representative country to discuss the question of complementarity of domestic and foreign capital at the theoretical level. In addition it investigates the so-called critical interest rate above which a country's debt servicing problems become explosive. (The papers are still in draft and are subject to revision. Not to be quoted or reproduced without the expressed permission of the authors)

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