External Debt, Export and Growth in Asian Countries: 1988-2006
Utilizing panel data investigation, this study examines the nexus between external debt and economic growth, covering seventeen Asian countries. The study found that external debt works through two channels: Directly, in which the causality runs from external debt to GDP and indirectly, in which it...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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Asian Network for Scientific Information
2014
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| Subjects: | |
| Online Access: | http://ir.unimas.my/id/eprint/17978/ http://ir.unimas.my/id/eprint/17978/1/2014JApSc..14.2170L |
| _version_ | 1848838409285533696 |
|---|---|
| author | Lau, Evan Kon, Thian Ling |
| author_facet | Lau, Evan Kon, Thian Ling |
| author_sort | Lau, Evan |
| building | UNIMAS Institutional Repository |
| collection | Online Access |
| description | Utilizing panel data investigation, this study examines the nexus between external debt and economic growth, covering seventeen Asian countries. The study found that external debt works through two channels: Directly, in which the causality runs from external debt to GDP and indirectly, in which it positively enhances exports through GDP. This opens another channel through which foreign financial capital can potentially stimulate exports through economic growth while strengthening the bidirectional causality between exports and GDP. With the backdrop of uncertainties around the globe, e.g., the debt crisis, efficient coordination and cooperation in implementation of debt management to support economic development should be on every Asian regional agenda. |
| first_indexed | 2025-11-15T06:55:06Z |
| format | Article |
| id | unimas-17978 |
| institution | Universiti Malaysia Sarawak |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-15T06:55:06Z |
| publishDate | 2014 |
| publisher | Asian Network for Scientific Information |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | unimas-179782017-10-10T02:31:14Z http://ir.unimas.my/id/eprint/17978/ External Debt, Export and Growth in Asian Countries: 1988-2006 Lau, Evan Kon, Thian Ling H Social Sciences (General) Utilizing panel data investigation, this study examines the nexus between external debt and economic growth, covering seventeen Asian countries. The study found that external debt works through two channels: Directly, in which the causality runs from external debt to GDP and indirectly, in which it positively enhances exports through GDP. This opens another channel through which foreign financial capital can potentially stimulate exports through economic growth while strengthening the bidirectional causality between exports and GDP. With the backdrop of uncertainties around the globe, e.g., the debt crisis, efficient coordination and cooperation in implementation of debt management to support economic development should be on every Asian regional agenda. Asian Network for Scientific Information 2014 Article PeerReviewed text en http://ir.unimas.my/id/eprint/17978/1/2014JApSc..14.2170L Lau, Evan and Kon, Thian Ling (2014) External Debt, Export and Growth in Asian Countries: 1988-2006. Journal of Applied Sciences, 14. pp. 2170-2176. ISSN 1812-5654 http://scialert.net/fulltext/?doi=jas.2014.2170.2176 Doi : 10.3923/jas.2014.2170.2176 |
| spellingShingle | H Social Sciences (General) Lau, Evan Kon, Thian Ling External Debt, Export and Growth in Asian Countries: 1988-2006 |
| title | External Debt, Export and Growth in Asian Countries: 1988-2006 |
| title_full | External Debt, Export and Growth in Asian Countries: 1988-2006 |
| title_fullStr | External Debt, Export and Growth in Asian Countries: 1988-2006 |
| title_full_unstemmed | External Debt, Export and Growth in Asian Countries: 1988-2006 |
| title_short | External Debt, Export and Growth in Asian Countries: 1988-2006 |
| title_sort | external debt, export and growth in asian countries: 1988-2006 |
| topic | H Social Sciences (General) |
| url | http://ir.unimas.my/id/eprint/17978/ http://ir.unimas.my/id/eprint/17978/ http://ir.unimas.my/id/eprint/17978/ http://ir.unimas.my/id/eprint/17978/1/2014JApSc..14.2170L |