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Effect of Public Debt on Sustainable Economic Growth in Nigeria

Awe, Kayode Obafemi and Alatishe, Maroof A. and Ajulor, Olusegun (2014) Effect of Public Debt on Sustainable Economic Growth in Nigeria. International Invention Journal of Arts and Sciences, 1 (2). pp. 82-90.

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Abstract

This paper investig~t.e~i,'tbe .effect o~ public debt b~trd.en on economic growth and 'de.veloprrient of Nigeria. The resul:ls· ~·f this study confirm that 'there is·" sign.ific<mt rel<ltionsh.ip between debt anci ·Ec:onomic gro~th. T~1e paper suggests that debt.relief would l:<we.positive impact .on U1\;estinent. <md growth: ~urthermbre, goven~ent needs to ~tep-up its growth per'formahc'e Clncl use concessionCll debt with lower interest rate in order' to keep the 'debt at sustCI'il•able leveJ

Item Type: Article
Uncontrolled Keywords: Public Debt, Economic Growth.,. Development, Corruption, Leadership
Subjects: H Social Sciences > H Social Sciences (General)
H Social Sciences > HM Sociology
Divisions: Faculty of Law, Arts and Social Sciences > School of Social Sciences
Depositing User: Mrs Patricia Nwokealisi
Date Deposited: 16 Apr 2018 10:11
Last Modified: 16 Apr 2018 10:11
URI: http://eprints.covenantuniversity.edu.ng/id/eprint/10600

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