Research Paper | Statistics | Saudi Arabia | Volume 4 Issue 2, February 2015
The Impact of External Debt on Economic Development in Sudan (1970-2011): An Empirical Investigation
Dr. Amin M. A. Haleeb
Abstract: This study empirically investigated the relationship between external debt and economic development of Sudan. The study covered the period from 1970 to 2011 and adopted empirical investigation and causality research approach. Data on economic development were used in establishing the relationship and the degree of significance. Regression technique was used in order to establish the nature and degree of the relationship between the variables. The study found that GDP per capita, government final consumption, exports can improve with external debt borrowing, while gross domestic saving, imports (in the first period) in the country will be reduced with external debt borrowing, although not significantly. The imports in Sudan will simultaneously reduce when more external debt are borrowed as established by the study. The study, therefore, inferred that external debt in Sudan has made both positive and negative contribution to the economic development of the country during the period covered by this study.
Keywords: External debt, GDP per capita, gross domestic saving, model, imports, exports, Sudan
Edition: Volume 4 Issue 2, February 2015,
Pages: 2068 - 2073
How to Cite this Article?
Dr. Amin M. A. Haleeb, "The Impact of External Debt on Economic Development in Sudan (1970-2011): An Empirical Investigation", International Journal of Science and Research (IJSR), Volume 4 Issue 2, February 2015, pp. 2068-2073, https://www.ijsr.net/get_abstract.php?paper_id=SUB151678
How to Share this Article?
Similar Articles with Keyword 'model'
Meta-Analysis on the Effect of Tamiflu in Patients Infected with Flu in Some Areas around US and Asia
Modelling Adversarial Risk in Big Data
Boakye Agyemang | Bashiru I. I. Saeed | Albert Luguterah | Samuel Baffoe