Does external debt lead to economic growth in Pacific island countries

With the change in donors’ priorities since the end of the Cold War in the late 1980s, there has been a decline in annual aid inflows to Pacific island countries (PICs), which have been among the world’s top recipients of aid per capita in the past. Along with fall in aid inflows, growing annual dom...

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Main Authors: Evan, Lau, T.K., Jayaraman
Format: Article
Language:English
Published: North-Holland 2009
Subjects:
Online Access:http://ir.unimas.my/id/eprint/7157/
http://ir.unimas.my/id/eprint/7157/1/Does%20external%20debt%20lead%20to%20economic.pdf
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author Evan, Lau
T.K., Jayaraman
author_facet Evan, Lau
T.K., Jayaraman
author_sort Evan, Lau
building UNIMAS Institutional Repository
collection Online Access
description With the change in donors’ priorities since the end of the Cold War in the late 1980s, there has been a decline in annual aid inflows to Pacific island countries (PICs), which have been among the world’s top recipients of aid per capita in the past. Along with fall in aid inflows, growing annual domestic budgetary deficits in recent years have forced some PICs to finance them through borrowing. This paper seeks to examine whether external debt contributed to economic growth in PICs by undertaking a study of six major PICs.
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spelling unimas-71572015-05-06T07:17:04Z http://ir.unimas.my/id/eprint/7157/ Does external debt lead to economic growth in Pacific island countries Evan, Lau T.K., Jayaraman HB Economic Theory HG Finance With the change in donors’ priorities since the end of the Cold War in the late 1980s, there has been a decline in annual aid inflows to Pacific island countries (PICs), which have been among the world’s top recipients of aid per capita in the past. Along with fall in aid inflows, growing annual domestic budgetary deficits in recent years have forced some PICs to finance them through borrowing. This paper seeks to examine whether external debt contributed to economic growth in PICs by undertaking a study of six major PICs. North-Holland 2009 Article PeerReviewed text en http://ir.unimas.my/id/eprint/7157/1/Does%20external%20debt%20lead%20to%20economic.pdf Evan, Lau and T.K., Jayaraman (2009) Does external debt lead to economic growth in Pacific island countries. Journal of Policy Modeling, 31 (2). 272 -288. ISSN 0161-8938 https://scholar.google.com/citations?view_op=view_citation&hl=en&user=1HyaltEAAAAJ&citation_for_view=1HyaltEAAAAJ:roLk4NBRz8UC doi: 10.1016/j.jpolmod.2008.05.001
spellingShingle HB Economic Theory
HG Finance
Evan, Lau
T.K., Jayaraman
Does external debt lead to economic growth in Pacific island countries
title Does external debt lead to economic growth in Pacific island countries
title_full Does external debt lead to economic growth in Pacific island countries
title_fullStr Does external debt lead to economic growth in Pacific island countries
title_full_unstemmed Does external debt lead to economic growth in Pacific island countries
title_short Does external debt lead to economic growth in Pacific island countries
title_sort does external debt lead to economic growth in pacific island countries
topic HB Economic Theory
HG Finance
url http://ir.unimas.my/id/eprint/7157/
http://ir.unimas.my/id/eprint/7157/
http://ir.unimas.my/id/eprint/7157/
http://ir.unimas.my/id/eprint/7157/1/Does%20external%20debt%20lead%20to%20economic.pdf