IDEAS home Printed from https://ideas.repec.org/a/asi/ajemod/v5y2017i4p402-412id915.html
   My bibliography  Save this article

Modeling Optimal Debt and Expenditure in Malawi: A Dynamic Optimization Approach

Author

Listed:
  • Adebayo ADEDOKUN
  • Ololade Moses BABATUNDE

Abstract

This study models optimal debt and spending in Malawi using Dynamic Optimization Approaches. The study found that the economy of Malawi is not free from debt crisis, despite the benefits of Multilateral Debt Relief Initiative (MDRI) that was extended to Heavily Indebted Poor Countries (HIPC) in 2005. The optimal trends show that the country has been and remains vulnerable to debt and fiscal crises despite the various palliative measures that were introduced by International Monetary Funds (IMF), especially the Extended Credit Facility (ECF) offered the country in 2008, during the global financial crises.

Suggested Citation

  • Adebayo ADEDOKUN & Ololade Moses BABATUNDE, 2017. "Modeling Optimal Debt and Expenditure in Malawi: A Dynamic Optimization Approach," Asian Journal of Economic Modelling, Asian Economic and Social Society, vol. 5(4), pages 402-412.
    • Handle: RePEc:asi:ajemod:v:5:y:2017:i:4:p:402-412:id:915
    as

    Download full text from publisher

    File URL: https://archive.aessweb.com/index.php/5009/article/view/915/1389
    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:asi:ajemod:v:5:y:2017:i:4:p:402-412:id:915. 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: Robert Allen (email available below). General contact details of provider: https://archive.aessweb.com/index.php/5009/ .

    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.