Economic growth and public debt: patterns and lessons between advanced, emerging, and declining growth economies

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dc.article.end-page29
dc.article.start-page1
dc.contributor.authorShamu, Mbali N.D.
dc.contributor.supervisorBhoola, Fatima
dc.date.accessioned2024-05-31T09:56:46Z
dc.date.available2024-05-31T09:56:46Z
dc.date.issued2023-09-08
dc.descriptionA Master’s Thesis submitted in fulfilment of the Degree of Master of Commerce (Economics) in the School of Economics and Finance, University of the Witwatersrand
dc.description.abstractThis research investigates the causal relationship between economic growth and public debt for economies in different growth categories: advanced, emerging and declining-growth economies, the latter being a new category introduced by this study. The study aims to answer the question: Does the level of economic growth affect public debt accumulation? The results reveal that in advanced economies growth is not a significant explanatory variable for public debt accumulation nor is there a significant long-run relationship between growth and public debt. For emerging and declining growth economies, the opposite holds- economic growth is a significant explanatory variable for public debt accumulation
dc.description.submitterMM2024
dc.facultyFaculty of Commerce, Law and Management
dc.identifier.urihttps://hdl.handle.net/10539/38571
dc.language.isoen
dc.publisherUniversity of the Witswatersrand, Johannesburg
dc.rights© University of the Witswatersrand, Johannesburg
dc.rights.holderUniversity of the Witswatersrand, Johannesburg
dc.schoolSchool of Economics and Finance
dc.subjectUCTD
dc.subjectEconomic growth
dc.subjectPublic debt
dc.subjectEmerging and declining-growth economies
dc.subjectPublic debt
dc.subject.otherSDG-8: Decent work and economic growth
dc.titleEconomic growth and public debt: patterns and lessons between advanced, emerging, and declining growth economies
dc.typeDissertation
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