Exploring the Channels and Impact of Debt on Economic Growth

  • Evidence from South Asia
  • Kashif Munir, Nisma Riffat Mehmood
  • South Asia Economic Journal, September 2018, SAGE Publications
  • DOI: 10.1177/1391561418794692

Channels and Impact of Debt on Economic Growth

What is it about?

This study analyses the effect of debt on economic growth as well as the channels (investment, total factor productivity,interest rate, saving) through which debt affects economic growth.

Why is it important?

The study provides the severity of debt problem in South Asian countries and the policy to overcome this problem.

Perspectives

Dr Kashif Munir
University of Central Punjab

Reducing debt accumulation alone will not rectify the problem unless the supplementary macroeconomic policies are made sound; therefore, there is a dire need to improve macroeconomic policies, good governance and elimination of structural distortions.

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http://dx.doi.org/10.1177/1391561418794692

The following have contributed to this page: Dr Kashif Munir