What I understand of the theoretical framework is that all the past theories related external debt and economic growth, which are directly or indirectly related with debt-growth nexus. Interpreting the concepts, variables and their relationship to support any economic theory by empirical analysis. Please help me to understand more about theoretical framework especially between external debt and economic growth. Thank you.
Lall B. Ramrattan
Muhammad,
The "Modern Monetary Theory" gives a sectoral balanced model to offset external debts. Simply stated government balance + Private balance + Foreign balance = 0.
It is an endogenous model so that any one balanced is offset by the other two.
1 votes
0 thanks
Muhammad Dawood
Respected professors Lall B. Ramrattan Falah Khalaf Ali Alrubaie
Thank you so much. Your details are really helping to understand the framework between external debt and economic growth of Asian developing and transition economies. Can I discuss some personal academic problems with you? Lall B. Ramrattan Lall B. Ramrattan
1 votes
1 thanks
- Badges
- Science topic
- Similar topics
- Social Science
- Media
- Journalism
More Muhammad Dawood's questions See All
Similar questions and discussions