Author/Authors
nounamo nguedie, yann harold university of yaoundé ii, SOA, Cameroon
Title Of Article
ON THE DETERMINANTS OF THE EXTERNAL DEBT LEVEL OF AFRICAN COUNTRIES IN THE FRANC ZONE: THE ROLE OF POLITICAL FACTORS
شماره ركورد
31028
Abstract
This paper assesses the role of political factors as determinants of the external debt levelof African countries in the Franc Zone13 over the period 1985-2013. Based on a logit inpanel, our results show that the more a country is politically stable, the lower theexternal debt compared to the gross domestic product. Political stability multiplies1.18% the chances of being in the sustainable zone of external indebtedness. Thus,countries with good political institutions experience less severe external debt effectsthan countries with poor political institutions.
From Page
27
NaturalLanguageKeyword
External Debt , Political Factors , Franc Zone
JournalTitle
Revue Des Études Multidisciplinaires En Sciences Économiques Et Sociales
To Page
44
JournalTitle
Revue Des Études Multidisciplinaires En Sciences Économiques Et Sociales
Link To Document