IDEAS home Printed from https://ideas.repec.org/a/agr/journl/v1(634)y2023i1(634)p137-152.html
   My bibliography  Save this article

Dynamic relationship between external debt and unemployment in Sub-Saharan Africa

Author

Listed:
  • Samuel Erasmus ALNAA

    (Bolgatanga Technical University, Ghana)

  • Juabin MATEY

    (Bolgatanga Technical University, Ghana)

Abstract

The struggle to reduce cyclical unemployment by Sub-Saharan African countries is as a result of their inability to integrate fiscal policies into macroeconomic goals and establish independent, well-resourced bodies to manage borrowed funds. We examine the dynamic relationship between external debt and unemployment in Sub-Saharan Africa using data from 25 countries. This study demonstrates a direct relationship between foreign debt and unemployment, which is attributed to the erroneous application of discretionary fiscal policy decisions and the inefficient use of borrowed funds. Evidence also suggests a nonlinear relationship between external debt and unemployment across the countries studied.

Suggested Citation

  • Samuel Erasmus ALNAA & Juabin MATEY, 2023. "Dynamic relationship between external debt and unemployment in Sub-Saharan Africa," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 0(1(634), S), pages 137-152, Spring.
    • Handle: RePEc:agr:journl:v:1(634):y:2023:i:1(634):p:137-152
    as

    Download full text from publisher

    File URL: http://store.ectap.ro/articole/1645.pdf
    Download Restriction: no
    File URL: http://www.ectap.ro/articol.php?id=1645&rid=150
    Download Restriction: no
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:agr:journl:v:1(634):y:2023:i:1(634):p:137-152. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Marin Dinu (email available below). General contact details of provider: https://edirc.repec.org/data/agerrea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.