Sovereign debt and growth in Zambia: determining the tipping point
From the mid-1980s to mid-2000s, Zambia was in egregious debt distress, which resulted in debt relief under the HIPC initiative and MDRI in 2005. Surprisingly, Zambia's debt-to-GDP ratio has increased astronomically from about 22 percent in 2011 to 56 percent in 2018. In view of that, we study...
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| Format: | Article |
| Language: | English |
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Elsevier
2021-01-01
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| Series: | Social Sciences and Humanities Open |
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| Online Access: | http://www.sciencedirect.com/science/article/pii/S259029112100084X |