Assessing the Optimal Size and Composition of Public Debt in Zimbabwe
Nebson Mupunga
Broschiertes Buch

Assessing the Optimal Size and Composition of Public Debt in Zimbabwe

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The public debt management concerns caused by the 2008/09 global financial crisis and the European sovereign debt crisis underscored the need for effective debt management in most countries. Accordingly this study provides an analysis of public debt dynamics in Zimbabwe with a view to determine the optimal size and composition of public debt consistent with maintain debt sustainability. Zimbabwe makes an interesting case study given its unique international isolation and the existence of a public debt overhang which has been a drag to its economic growth. The optimal public debt thresholds are...