Show simple item record

dc.contributor.authorGichuru, Michelle Njoki
dc.date.accessioned2019-05-13T12:47:07Z
dc.date.available2019-05-13T12:47:07Z
dc.date.issued2018
dc.identifier.urihttp://hdl.handle.net/11071/6524
dc.descriptionA Research project Submitted in partial fulfillment of the requirements for the degree of Bachelor of Business Science in Financial Economics at Strathmore Universityen_US
dc.description.abstractThe purpose of this study is to find out the effectiveness of external debt in boosting economic growth in Kenya and its impact on private investment. This study uses an Auto Regressive Distributive Model (ARDL) to estimate the long run impact of external debt on private investments in Kenya. Time series data is used for the period 1971-2016. The main hypothesis in this study is that the large accumulation of external debt cripples investments in the private sector. The results of the model showed that external debt has a negative impact on private investments although it is statistically insignificant both in the long run and in the short run. Meaning that the relationship between the two cannot be determined to be a result of anything but mere chanceen_US
dc.language.isoen_USen_US
dc.publisherStrathmore Universityen_US
dc.subjectexternal debten_US
dc.subjectprivate investmentsen_US
dc.subjectcrowding outen_US
dc.subjectEconomic growthen_US
dc.titleRelationship between external debt and private investments in Kenyaen_US
dc.typeThesisen_US


Files in this item

Thumbnail

This item appears in the following Collection(s)

Show simple item record