Effect of External Public Debt on Economic Growth: an Empirical Analysis of East African Countries

ACKNOWLEDGEMENT
 ............................................................................................... iv
 
ABSTRACT
 ....................................................................................................................... v
 
ACRONYMS ..................................................................................................................... ix
 
CHAPTER ONE
 ............................................................................................................. 10
 
INTRODUCTION
........................................................................................................... 10
 
1.1 Background of the Study
 ...................................................................................... 10
 
1.1.1 The Global Debt Crisis
 .................................................................................. 11
 
1.1.2 Public Debt in developed Countries
 ............................................................. 12
 
1.1.3 Public Debt in Developing Countries
 ........................................................... 13
 
1.1.4 Public External Debt in Africa
 ..................................................................... 14
 
1.1.5 East African Community Debt Situation
 ................................................... 15
 
1.2 Statement of the Problem
 ..................................................................................... 16
 
1.3 Research Focus and Questions
 ............................................................................ 16
 
1.4 Objective of the Study
 ......................................................................................... 17
 
1.4.1 Specific Objectives
 ......................................................................................... 17