期刊名称:International Journal of Economics and Finance
印刷版ISSN:1916-971X
电子版ISSN:1916-9728
出版年度:2019
卷号:11
期号:4
页码:p114
DOI:10.5539/ijef.v11n4p114
语种:English
出版社:Canadian Center of Science and Education
摘要:The study investigates the effect of external debt on economic growth in Jordan by using annual data for the period (2010-2017) by using external debt as a percentage of gross domestic product (GDP) as an independent variable, and GDP growth rate (A proxy for economic growth) as a dependent variable. The study starts with theoretical literature for the impact of external debt on economic growth, then empirical literature for previous studies that analyze the same relationship, after that analyzing the impact of external debt on economic growth in Jordan during the period (2010-2017). The study finds the same conclusion as previous studies that there is a negative and significant impact of external debt on economic growth during the study period, and recommends relying on other financing methods like foreign direct investment.