Modeling Optimal Debt and Expenditure in Malawi: A Dynamic Optimization Approach

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dc.contributor.authorAdedokun, Adebayo
dc.contributor.authorBabatunde, Ololade M.
dc.date.accessioned2019-07-18T10:14:11Z
dc.date.available2019-07-18T10:14:11Z
dc.date.issued2017
dc.description.abstractThis study models optimal debt and spending in Malawi using Dynamic Optimization Approaches. The study found that the economy of Malawi is not free from debt crisis, despite the benefits of Multilateral Debt Relief Initiative (MDRI) that was extended to Heavily Indebted Poor Countries (HIPC) in 2005. The optimal trends show that the country has been and remains vulnerable to debt and fiscal crises despite the various palliative measures that were introduced by International Monetary Funds (IMF), especially the Extended Credit Facility (ECF) offered the country in 2008, during the global financial crises.en_US
dc.identifier.citationMoses, O. (2017). Modeling Optimal Debt and Expenditure in Malawi: A Dynamic Optimization Approach. Asian Journal of Economic Modelling, 5(4), 402-412.en_US
dc.identifier.issn2312-3656
dc.identifier.uri10.18488/journal.8.2017.54.402.412
dc.identifier.urihttp://repository.elizadeuniversity.edu.ng/handle/20.500.12398/373
dc.language.isoenen_US
dc.publisherAsian Journal of Economic Modellingen_US
dc.subjectMalawi debten_US
dc.subjectFiscal crisis in Malawien_US
dc.subjectOptimal debten_US
dc.subjectHIPCen_US
dc.subjectMalawi expenditureen_US
dc.subjectMalawi fiscal systemen_US
dc.titleModeling Optimal Debt and Expenditure in Malawi: A Dynamic Optimization Approachen_US
dc.typeArticleen_US
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