The effects of Government domestic Borrowing on Economic Growth in Ghana

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MARCH, 2016
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Government borrowing either domestic or external has been a matter of concern for many Ghanaians and Ghana development partners at large, this thesis provide empirical analysis of the effects of government domestic borrowing on the economic growth in Ghana using time series data from 1990 to 2014. The result from the Ordinary Least square technique indicate that domestic debt has negative effect on economic growth whiles external show positive effect on economic growth. It is thus recommended that Government should be concern of widening the tax net in order to improve their income or creating other optional strategies to improve their income using their natural and cultural endowment so that they can expand the economy rather the depending to loans to financed developmental needs.
A thesis submitted to the Department of Economics, College of Arts and Social Sciences in partial fulfillment of the requirement for the degree of Master of Science in Economics