[3] Aden, Afghanistan, Albania, Angola, Benin, Bulgaria, Cambodia, Congo, Cuba, Czechoslovakia, East Germany, Ethiopia, Hungary, Laos, Mongolia, Mozambique, Namibia, North Korea, Poland, Romania, Somalia, South Yemen, Soviet Union, Vietnam, and Yugoslavia. [4] The Paris Commune (1871), Fin...
(Egypt, Mauritius, Algeria, South Africa, Tunisia, Uganda, Morocco, Kenya, Rwanda, Lesotho, Togo, Nigeria, Ghana, Burundi, Malawi, Senegal, and Burkina Faso) and 10 countries with ecological reserves (Gabon, Democratic Republic of Congo, Central African Republic, Namibia, Madagascar, Angola, ...
The estimates of Equation (4) (see Table 1) suggest that public debt-growth relationship has inverted U-shaped form—we found positive coefficient on public debt and negative on squared public debt. The former was not significant in whole sample, suggesting the negative (in general) growth ...