Abstract
This study, through temporal data and the ARDL process, examined the effects of the cancellation of external public debt on economic growth in the Republic of Congo over the 1990 to 2016 period. From this review, it appears that debt cancellation has a positive impact on economic growth over the short-term and a negative impact over the long term. Beyond these results, we believe that additional research is needed to examine the channels through which external public debt cancellation influence economic growth in the Republic of Congo.
Keywords:
Debt cancellation, growth
Downloads
Download data is not yet available.
How to Cite
NGOUEMBE , L. ., & Mampassi, J.-A. . (2021). Effects of External Public Debt Cancellation on the Economic Growth of the Republic Of Congo. International Journal of Social Science and Economics Invention, 7(02), 41 to 46. https://doi.org/10.23958/ijssei/vol07-i02/276
Copyrights & License
Copyright © 2021 Lauric NGOUEMBE Jean-Anaclet Mampassi this is an open access article distributed under the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.
