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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Bibliographic Details
Main Authors: Fatima-Ezzahra Rafie, Mostafa Lekhal
Format: Article
Language:English
Published: Taylor & Francis Group 2025-12-01
Series:Cogent Economics & Finance
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Online Access:https://www.tandfonline.com/doi/10.1080/23322039.2025.2457478
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