ВЛИЯНИЕ ВНЕШНЕГО ДОЛГА НА ЭКОНОМИЧЕСКИЙ РОСТ: НА ПРИМЕРЕ КЫРГЫЗСТАНА

Authors : Akak SHARHSENKADYROVA, Damira BAIGONUSHOVA

Pages : 45-57

View : 18 | Download : 11

Publication Date : 2020-03-31

Article Type : Research Paper

Abstract :Due to the lack of domestic resources for economic growth, developing countries often resort to external sources, that is, external debt. However, the effective use of external debt is a very important factor. Because precisely because of the inefficient use of these finances, the total external debt grows faster and outstrips the growth of the country`s national income, and leads to the fact that the country will have to take new, even larger debts to cover the old ones. This will negatively affect economic growth; moreover, such a burden with external debt will also negatively affect the fate of future generations. Purpose of this study is to analyze the situation with the country`s external debt and its impact on the country`s economic growth.
Keywords : Kyrgyzstan, external debt