The Impacts of External Debt on Economic Growth in Transition Economies ∗

  • A. Uzun, Cagatay Karakoy, Burhan Kabadayi, Selcuk Emsen
  • Published 2012


One of the economic problems in developing countries is the debt problem. It is clear that, the remainder of revenue after consumption is named as savings and these residuals are canalized to the investment. Consequently, more revenues and employments are created by canalizing more savings to the investments. On the other hand, because of insufficient… (More)


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