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- W1545085301 abstract "This paper examines the relationship between saving behavior and external debt service, which is an economic burden in sub-Saharan Africa. The paper claims that the speed with which the debt-service to GDP ratio is expected to decline might be overstated and this could retard the success of the HIPC Initiative. The paper also shows that the saving rate must be equal to or greater than the long-run debt-service rate, if debt sustainability is to be achieved. Policymakers must therefore improve the national savings rate and reduce the share of GDP allocated to debt-service by fostering export-led GDP growth." @default.
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- W1545085301 date "2002-01-01" @default.
- W1545085301 modified "2023-09-26" @default.
- W1545085301 title "Saving Behavior and External Debt-Service: Evidence From Sub-Saharan Africa" @default.
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