Impact Of External Debt On Economic Growth In Nigeria.:- Ukaonu, Angela N
ABSTRACT
The core objective of any nation is to achieve sustained
economic growth. Economic growth refers to increases in a country's production
or income per capita, economic growth refers to the increase in goods and
services available over time. However, the poor saving habit of most developing
countries creates a savings and investment gap which leads to paucity of funds
to finance development projects by the governments thus most countries resort
to external borrowing as a means to bridging the financial constraint induced
by savings investment gap (Umaru et al; 2015).
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-- (2026). Impact Of External Debt On Economic Growth In Nigeria.:- Ukaonu, Angela N. Repository.mouau.edu.ng: Retrieved Mar 11, 2026, from https://repository.mouau.edu.ng/work/view/impact-of-external-debt-on-economic-growth-in-nigeria-ukaonu-angela-n-7-2
--. "Impact Of External Debt On Economic Growth In Nigeria.:- Ukaonu, Angela N" Repository.mouau.edu.ng. Repository.mouau.edu.ng, 11 Mar. 2026, https://repository.mouau.edu.ng/work/view/impact-of-external-debt-on-economic-growth-in-nigeria-ukaonu-angela-n-7-2. Accessed 11 Mar. 2026.
--. "Impact Of External Debt On Economic Growth In Nigeria.:- Ukaonu, Angela N". Repository.mouau.edu.ng, Repository.mouau.edu.ng, 11 Mar. 2026. Web. 11 Mar. 2026. < https://repository.mouau.edu.ng/work/view/impact-of-external-debt-on-economic-growth-in-nigeria-ukaonu-angela-n-7-2 >.
--. "Impact Of External Debt On Economic Growth In Nigeria.:- Ukaonu, Angela N" Repository.mouau.edu.ng (2026). Accessed 11 Mar. 2026. https://repository.mouau.edu.ng/work/view/impact-of-external-debt-on-economic-growth-in-nigeria-ukaonu-angela-n-7-2