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Dual gap theory of external debt

WebThis study examines the impact of external debt and external debt servicing on the international reserves of Nigeria. The theoretical underpinning of the study was anchored on dual gap theory and the self-insurance theory of external reserves. The after effect research design was adopted to examine the components of the study in retrospect. WebKey Words: Economic Growth, Internal Debt, External Debt, Dual Gap Analysis, Nigeria economy. 1.1 Introduction Economic theory suggests that reasonable levels of …

Does External Debt Impair Economic Growth in Nigeria?

Web2.1.1. Public Debt and Economic Growth The Dual Gap Theory The dual gap theory postulated by Chenery and Strout (1966) which is an extension of the Harrod-Domar model can be used to explain the theoretical relevance of foreign finance such as public debt (foreign and domestic) and FDI to growth in LDCs. The theory identifies two gaps http://erepository.uonbi.ac.ke/bitstream/handle/11295/154657/Osoro_The%20Threshold%20Effects%20in%20the%20Relationship%20Between%20External%20Debt%20and%20Human%20Development-%20the%20Case%20of%20Kenya.pdf?sequence=1 potty training autistic kids https://katfriesen.com

(PDF) The Impact of External Debt on Economic Growth in ... - Re…

WebIt is anticipated that external technology and skill result into a decline in the gap of skill. Likewise, inflow of investment results into a decline in the savings and foreign exchange gaps. This theory is adopted for the African experience, because of the apparent gaps of savings and skills resulting into the dire need of foreign capital for ... http://erepository.uonbi.ac.ke/bitstream/handle/11295/76949/Onyango,Jacob%20K_The%20impact%20of%20external%20debt%20on%20economic%20growth%20in%20kenya.pdf?sequence=4 potty training away from home

Two-gap model - Oxford Reference

Category:The Impact of External Debt on Economic Growth in Kenya

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Dual gap theory of external debt

Implications of External Debt on the Nigerian Economy: …

WebAbstract: This study examines the impact of external debt and external debt servicing on the international reserves of Nigeria. The theoretical underpinning of the study was anchored on dual gap theory and the self-insurance theory of external reserves. The after effect research design was adopted to examine the components of the study in ... Webexternal debt is negative and insignificant, that of local debt is positive but also not significant. Hassan et. al. (2015) relied on the Dual-Gap theory and ordinary least squares method to assess the effect of external debt in Nigeria. The results indicate that the effect of debt on economic growth is insignificant,

Dual gap theory of external debt

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WebNov 29, 2024 · This leys credence to the dual gap theory which expresses economic growth as a function of investment, and for investments to be successfully executed, there must be domestics saving which is lacking in emerging economies. Relying on our estimated results, we are of the opinion that external debt should be contracted solely for … WebDec 17, 2024 · Many developing economies are characterized by savings-investment gap. Proponents of the dual-gap theory suggested the need for external source of finance …

http://www.ijhssi.org/papers/vol7(5)/Version-4/E0705043237.pdf Webcorporations, government or financial institutions. According to (Ogbeifin, 2007), external debt arises as a result of the gap between domestic savings and investment. As the gap …

WebDec 23, 2024 · The dual-gap framework demonstrates that an economy ’s development is a function of the … WebAccording to Adegbite, E et al (2008) the Dual Gap theory is a better explanation of the reason for opting for external finance as opposed to domestic financing in financing the sustainable development. According to the theory in developing countries the level of domestic savings is not sufficient to finance the needed investment to ensure ...

http://www.ijsrp.org/research-paper-0420/ijsrp-p10077.pdf

Webexternal debt stock that improves health care delivery, quality, and accessibility of education and living standards in Kenya. 1.1.1 Kenya’s External Debt Situation and Trend External debt has been growing in the past decade. By June 2024, the external debt was 2.4 trillion, as shown in Table 1. This represents a 12.6% rise from the previous tourist info schleswigWebexternal debt is negative and insignificant, that of local debt is positive but also not significant. Hassan et. al. (2015) relied on the Dual-Gap theory and ordinary least … potty training autism boyWebway belong to them (Udoka and Ogege, 2012). Public debt can either be domestic or external debt. Domestic debts are those debts incurred within the country while external debt are those debts incurred outside the shore of the country. Udoffia and Akpanah (2016) defined external debt as packages that consist of a combination of financial, potty training aversionWebDec 18, 2024 · The theoretical underpinning of this study is the Dual Gap theory which takes into . ... This study determined the effect of external debt on economic growth in … potty training a year old dogWeba foreign exchange gap. The skills and savings gap, coupled with the foreign exchange gap, makes it imperative for inflow of external resource to augment the limits of factors of … tourist info schladmingWebJul 30, 2024 · External debt financing is a developmental necessity that is di cult to avoid, especially in a developing economy such as that of Nigeria. However, there is currently great concern about the ... Dual Gap Theory The dual gap theory posits that advancement is subject to investment ventures, which may take potty training awardWebchannels, which support the famous Dual-Gap theory or “financing gap” where external financing is a prominent way to fill the gap of savings-investment or import-export gap, … tourist info sebnitz