Would external debts promote sustainable development in emerging and low‐income countries?
This paper investigates how external debts influence sustainable development in emerging economies and low‐income countries from 101 countries from 2016 to 2020. External debt significantly aids countries in achieving their sustainable development goals but affects individual goal differently. While...
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Veröffentlicht in: | Journal of international development 2024-03, Vol.36 (2), p.1110-1128 |
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creator | Luu, Hiep Ngoc Luu, Nguyen Hanh Phung, Huong Thi Thu |
description | This paper investigates how external debts influence sustainable development in emerging economies and low‐income countries from 101 countries from 2016 to 2020. External debt significantly aids countries in achieving their sustainable development goals but affects individual goal differently. While external debts promote well‐being, education quality, gender equality, employment, economic growth, and institutional strength, they negatively affect the sustainability of cities, communities, and ecosystems. Long‐term external and public debts make a significant contribution to promoting sustainable development, but excessive external borrowing could hamper sustainable development progress. |
doi_str_mv | 10.1002/jid.3840 |
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External debt significantly aids countries in achieving their sustainable development goals but affects individual goal differently. While external debts promote well‐being, education quality, gender equality, employment, economic growth, and institutional strength, they negatively affect the sustainability of cities, communities, and ecosystems. 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External debt significantly aids countries in achieving their sustainable development goals but affects individual goal differently. While external debts promote well‐being, education quality, gender equality, employment, economic growth, and institutional strength, they negatively affect the sustainability of cities, communities, and ecosystems. Long‐term external and public debts make a significant contribution to promoting sustainable development, but excessive external borrowing could hamper sustainable development progress.</description><subject>Debt</subject><subject>Economic growth</subject><subject>Employment</subject><subject>External debt</subject><subject>external debts</subject><subject>Gender inequality</subject><subject>long‐term debts</subject><subject>private debts</subject><subject>Public debt</subject><subject>public debts</subject><subject>short‐term debts</subject><subject>Sustainability</subject><subject>Sustainable development</subject><subject>sustainable development goals</subject><issn>0954-1748</issn><issn>1099-1328</issn><fulltext>true</fulltext><rsrctype>article</rsrctype><creationdate>2024</creationdate><recordtype>article</recordtype><sourceid>7TQ</sourceid><recordid>eNp1kM1KxDAURoMoOI6CjxBw46Zj0qSTdCXi78iAG8WNEJL2dsjQJmPSOs7OR_AZfRI7VnDl6i6-cw_3fggdUzKhhKRnS1tOmORkB40oyfOEslTuohHJM55QweU-OohxSUifcTZCL8--q0sM7y0Ep2tcgmkjXgXf-BZw7GKrrdOmhj55g9qvGnAttg5DA2Fh3QJrV-Lar78-Pq0rfAO48J1rg4V4foj2Kl1HOPqdY_R0c_14eZfMH25nlxfzpGCck6TIoUqpJLJkQmZUZiXlpRC0EkRIIsCkqYaq0LKkGWUkqyA1hhaMMcKNMcDG6GTw9ne_dhBbtfTd9p2o0jwT_RbPeE-dDlQRfIwBKrUKttFhoyhR2-5U353adtejeECh8M7GP1DKaTqdypz2SDIga1vD5l-Vup9d_Si_AdSje-g</recordid><startdate>202403</startdate><enddate>202403</enddate><creator>Luu, Hiep Ngoc</creator><creator>Luu, Nguyen Hanh</creator><creator>Phung, Huong Thi Thu</creator><general>Wiley Periodicals Inc</general><scope>OQ6</scope><scope>AAYXX</scope><scope>CITATION</scope><scope>7TQ</scope><scope>8BJ</scope><scope>DHY</scope><scope>DON</scope><scope>FQK</scope><scope>JBE</scope><orcidid>https://orcid.org/0000-0003-1200-8168</orcidid></search><sort><creationdate>202403</creationdate><title>Would external debts promote sustainable development in emerging and low‐income countries?</title><author>Luu, Hiep Ngoc ; Luu, Nguyen Hanh ; Phung, Huong Thi Thu</author></sort><facets><frbrtype>5</frbrtype><frbrgroupid>cdi_FETCH-LOGICAL-c3440-c9ef21808d3785185d14d771f707807eb22aefca8d151305fe2bb1c33304bbbe3</frbrgroupid><rsrctype>articles</rsrctype><prefilter>articles</prefilter><language>eng</language><creationdate>2024</creationdate><topic>Debt</topic><topic>Economic growth</topic><topic>Employment</topic><topic>External debt</topic><topic>external debts</topic><topic>Gender inequality</topic><topic>long‐term debts</topic><topic>private debts</topic><topic>Public debt</topic><topic>public debts</topic><topic>short‐term debts</topic><topic>Sustainability</topic><topic>Sustainable development</topic><topic>sustainable development goals</topic><toplevel>peer_reviewed</toplevel><toplevel>online_resources</toplevel><creatorcontrib>Luu, Hiep Ngoc</creatorcontrib><creatorcontrib>Luu, Nguyen Hanh</creatorcontrib><creatorcontrib>Phung, Huong Thi Thu</creatorcontrib><collection>ECONIS</collection><collection>CrossRef</collection><collection>PAIS Index</collection><collection>International Bibliography of the Social Sciences (IBSS)</collection><collection>PAIS International</collection><collection>PAIS International (Ovid)</collection><collection>International Bibliography of the Social Sciences</collection><collection>International Bibliography of the Social Sciences</collection><jtitle>Journal of international development</jtitle></facets><delivery><delcategory>Remote Search Resource</delcategory><fulltext>fulltext</fulltext></delivery><addata><au>Luu, Hiep Ngoc</au><au>Luu, Nguyen Hanh</au><au>Phung, Huong Thi Thu</au><format>journal</format><genre>article</genre><ristype>JOUR</ristype><atitle>Would external debts promote sustainable development in emerging and low‐income countries?</atitle><jtitle>Journal of international development</jtitle><date>2024-03</date><risdate>2024</risdate><volume>36</volume><issue>2</issue><spage>1110</spage><epage>1128</epage><pages>1110-1128</pages><issn>0954-1748</issn><eissn>1099-1328</eissn><abstract>This paper investigates how external debts influence sustainable development in emerging economies and low‐income countries from 101 countries from 2016 to 2020. External debt significantly aids countries in achieving their sustainable development goals but affects individual goal differently. While external debts promote well‐being, education quality, gender equality, employment, economic growth, and institutional strength, they negatively affect the sustainability of cities, communities, and ecosystems. Long‐term external and public debts make a significant contribution to promoting sustainable development, but excessive external borrowing could hamper sustainable development progress.</abstract><cop>Chichester</cop><pub>Wiley Periodicals Inc</pub><doi>10.1002/jid.3840</doi><tpages>19</tpages><orcidid>https://orcid.org/0000-0003-1200-8168</orcidid></addata></record> |
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subjects | Debt Economic growth Employment External debt external debts Gender inequality long‐term debts private debts Public debt public debts short‐term debts Sustainability Sustainable development sustainable development goals |
title | Would external debts promote sustainable development in emerging and low‐income countries? |
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