| Autor: |
Yann Nguedie |
| Jazyk: |
Arabic<br />English<br />French |
| Rok vydání: |
2018 |
| Předmět: |
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| Zdroj: |
Revue des Etudes Multidisciplinaires en Sciences Economiques et Sociales, Vol 3, Iss 3 (2018) |
| Druh dokumentu: |
article |
| ISSN: |
2489-2068 |
| DOI: |
10.48375/IMIST.PRSM/remses-v3i3.10627 |
| Popis: |
This paper assesses the role of political factors as determinants of the external debt level of African countries in the Franc Zone1 over the period 1985-2013. Based on a logit in panel, our results show that the more a country is politically stable, the lower the external debt compared to the gross domestic product. Political stability multiplies 1.18% the chances of being in the sustainable zone of external indebtedness. Thus, countries with good political institutions experience less severe external debt effects than countries with poor political institutions. |
| Databáze: |
Directory of Open Access Journals |
| Externí odkaz: |
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