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Dette extérieure et croissance économique dans les pays à revenu intermédiaire : Essai empirique

Gharyeni, Abdellatif and Jouili, Mustapha (2015): Dette extérieure et croissance économique dans les pays à revenu intermédiaire : Essai empirique. Forthcoming in: érudit No. L'actualité économique, revue d'analyse économique

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Abstract

This work lists some vulnerabilities in developing economies and proposes assessments that can improve macroeconomic resilience in relation to external financing. To examine the theory of indebtedness and seek a threshold beyond which external debt can slow economic growth, this paper proposes an empirical evaluation for a sample of 17 middle-income countries between 1980 and 2011. The results obtained after regressions on panel data show a non-linear correlation between external debt and growth, with the presence of certain variables selected a priori likely to influence economic activity.

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