Impact Of External Debt On Economic Growth Of Nigeria

50 pages ID: BFN1482

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DepartmentBanking and Finance
TypeProject
Pages50
Reference StyleYES
FormatMS Word & PDF
Reference No.BFN1482

Abstract

The study investigated the impact of external debt on economic growth in Nigeria for the period 2006-2015. Time series data on external debt outstanding, interest rate was used to capture external debt burden. The study set out to test the significant relationship between external debt and economic growth in Nigeria. An empirical investigation was conducted using secondary data: Gross Domestic Product, External Debt outstanding, Interest Rate (financing charges paid on the debt outstanding) from 2006-2015 from CBN Statistical Bulletin. The technique of Estimation employed in the study was Simp…

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Pages50
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