Shamu, Mbali N.D.2024-05-312024-05-312023-09-08https://hdl.handle.net/10539/38571A Master’s Thesis submitted in fulfilment of the Degree of Master of Commerce (Economics) in the School of Economics and Finance, University of the WitwatersrandThis 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 accumulationen© University of the Witswatersrand, JohannesburgUCTDEconomic growthPublic debtEmerging and declining-growth economiesPublic debtSDG-8: Decent work and economic growthDissertationUniversity of the Witswatersrand, Johannesburg