Empirical investigation of the relationship between public external debt sustainability, foreign reserves and fixed exchange rate
Public external debt sustainability is a critical concern, yet existing frameworks often fail to account for the unique challenges faced by lower-middle-income countries (LMICs) in Africa. These nations, heavily reliant on foreign-currency borrowing, contend with exchange rate volatility, limited ac...
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Main Authors: | Fatima-Ezzahra Rafie, Mostafa Lekhal |
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Format: | Article |
Language: | English |
Published: |
Taylor & Francis Group
2025-12-01
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Series: | Cogent Economics & Finance |
Subjects: | |
Online Access: | https://www.tandfonline.com/doi/10.1080/23322039.2025.2457478 |
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