External debt & economic growth: a panel causality analysis / Muhammad Ali Zakwan Mahadi

In this report, in order to find out how future debt crisis that can be prevent, we can take a look from the history and their development from the data of World Bank and other sources that can be refer. From that, we can know from year to year their debt crisis of developing countries. The external...

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Bibliographic Details
Main Author: Mahadi, Muhammad Ali Zakwan
Format: Thesis
Language:English
Published: 2014
Subjects:
Online Access:https://ir.uitm.edu.my/id/eprint/90500/1/90500.pdf
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Summary:In this report, in order to find out how future debt crisis that can be prevent, we can take a look from the history and their development from the data of World Bank and other sources that can be refer. From that, we can know from year to year their debt crisis of developing countries. The external debt is a public and publicly guaranteed for long term debts that are aggregated. A government of developing countries may pursue a sustainable debt policy after they are experience the debt crisis in their country. In addition, we can find the result whether the gross domestic product (GDP) have a positive or negative relationship with the external debt, export and inflation. The result shows that the effect of export on GDP in Asian country is significant while inflation have negative relationships which are insignificant result. Besides that, GDP have a positive relationship between external debts in Asian countries and have a significant result that may accept the alternate hypothesis. Other than that, some suggestions are also given out at the end of the report.