External Debts and Real Exchange Rates in Developing Countries: Evidence from Chad

Kouladoum Jean-Claude and Dombou T. Dany R.
Additional contact information
Kouladoum Jean-Claude: Dschang School of Economics and Management, Cameroon
Dombou T. Dany R.: Dschang School of Economics and Management, Cameroon
Authors registered in the RePEc Author Service: Dany R. Dombou T. ()

Sumerianz Journal of Economics and Finance, 2019, vol. 2, issue 1, 1-6

Abstract: The objective of this work is to analyze the effect of external debt on the real exchange rate in Chad from 1975 to 2014. The generalized method of moments is used. Findings show that external debt positively and significantly affect the real exchange rates at 5% significant level. Moreover, debt servicing affects negatively and significantly real exchange rate. The main recommendation goes to Chadian government; it should adopt a budgetary policy, in such a way to reorient its debt towards economic sectors that are able to boost economic growth; and reinforce strategies that contribute to re-equilibrate industrial activities.

Keywords: External debt; Real exchange rate; Debt servicing; Economic growth. (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.sumerianz.com/pdf-files/sjef2(1)1-6.pdf (application/pdf)
http://www.sumerianz.com/?ic=journal-home&info=arc ... 019&issue=1&volume=2 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:sum:sjefsm:2019:p:1-6

Access Statistics for this article

Sumerianz Journal of Economics and Finance is currently edited by Prof. Dr. A. J. Stagliano

More articles in Sumerianz Journal of Economics and Finance from Sumerianz Publication Sumerianz Build. RYK 64200, Punjab, Pakistan.
Bibliographic data for series maintained by Managing Editor ().