International Journal For Multidisciplinary Research

E-ISSN: 2582-2160   •   Impact Factor: 9.24

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Implications of External Debt on Zambia's Economic Growth

Author(s) Mulenga Phiri, Prof. Jianya GU
Country China
Abstract The presented study shows aspects related to various sectors of the economy which is needed to be able to fully analyze the effect of external debt on economic growth. In this article, we take Zambia as an example, use the World Bank‘s World Development indicators and observe how they are effecting the economic growth in the long run. The conclusions of this study can be used as a reference for government decision-making.
Keywords Economic growth, External debt, Unrestricted error correction model
Field Sociology > Economics
Published In Volume 7, Issue 4, July-August 2025
Published On 2025-07-19
DOI https://doi.org/10.36948/ijfmr.2025.v07i04.49246
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E-ISSN 2582-2160
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