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A Comprehensive Analysis of External Debt, Investment, and Economic Growth Applied to OIC Member Countries

Journal: AZKA International Journal Of Zakat & Social Finance (Vol.6, No. 1)

Publication Date:

Authors : ;

Page : 91-116

Keywords : Development projects; econometric methodology; theoretical framework; international economics; public policy; causal relationships; external debt; investment; economic growth; OIC member countries;

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Abstract

This work examines foreign debt, investment, and economic growth in OIC countries. Using panel data analysis, it considers how external debts affect these countries in terms of investment and economic growth. The results suggest external debt has both positive and negative roles on investment and economic growth depending on the country's economy. The importance of understanding complex relations regarding foreign debt and performance in OIC countries is highlighted.

Last modified: 2025-03-20 17:26:54