Dette Extérieure, Croissance Économique et Crises dans Les Pays En Développement: Un Bref Aperçu Théorique, Historique et Statistique

External Debt, Economic Growth and Crisis in Developing Countries: A brief Theoretical, Historical and Statistical overview

Abdellatif Gharyeni

MPRA Paper from University Library of Munich, Germany

Abstract: The past three decades, developing countries have not spared of all international financial changes. They almost followed the same historical trends. Today, the destabilizing effects of financial liberalization affect even developed economies. The finding is iconic and risk economic policy. This article provides an overview on the theoretical foundations and the different assessments of relations between external debt and economic growth. A statistical analysis, since the 1960s, comes in support of this thesis. For the last two decades, the data show that the stock of debt of developing countries has risen sharply. They are almost 5 times more indebted. Nonetheless, funders have launched various initiatives to revive growth in these countries. The results are relative. However, these countries are continue vulnerable to climate crisis.

Keywords: Macroéconomie; Surendettement (courbe de Laffer); effet de levier; Croissance Économique; Pays en Développement; Développement Économique; Économie Informelle; Fluctuations du PIB; Instabilité Financière; Données Statistiques. (search for similar items in EconPapers)
JEL-codes: C0 C02 E26 E4 E42 E5 E58 F6 F62 F63 H63 N1 O5 O57 (search for similar items in EconPapers)
Date: 2015-03-16, Revised 2106-02-04
New Economics Papers: this item is included in nep-hpe and nep-mac
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https://mpra.ub.uni-muenchen.de/102201/1/MPRA_paper_102201.pdf revised version (application/pdf)

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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:69244

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