relationship between public debt ,unemployement and economic growth
The study found that there is a negative significant relationshipbetween external debt and economic growth in Zimbabwe for the period under study. Exchange rate and inflation were also found to have negative significant relationships with economic growth in Zimbabwe.
Article Public Debt and Economic Growth Nexus in Zimbabwe
The study seeks to empirically test the hypothesis that public debt has a significant influence on inflation in Zimbabwe, covering the period 1980-2020.
https://hrcak.srce.hr/file/386990
https://webapps.ilo.org/wcmsp5/groups/public/---ed_emp/documents/publication/wcms_861874.pdf
The last report (ILO) could be of special interest to you Lawrence Vengesai
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Blessed are the young for they shall inherit the national debt.
Herbert Hoover
People's taxes spent on servicing our national debt, instead of funding public services. This isn't just a waste - it's also a risk.
Liz Kendall
The principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale. ― Thomas Jefferson
Hello, I did the calculations for the United States and there was a correlation until year 2011, biggest percentage correlation could be seen between years 2008 and 2011 (economic recession). The same goes with poverty rate and national debt. In this calculations I chose 15 countries from the OECD and there was a slight correlation R2 = 0.0152 (big deviations). Other aspects as fiscal consolidation (case of Namibia) also play huge factor. When it comes to Zimbabwe, it has been currently trying to restructure the national debt. This ultimately leads to higher unemployment and poverty rate, as for businesses it is unfavorable to enter the market.
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