Debt Sustainability in Developing Countries

1.1 Introduction…………………………………………………………………........1 1.2 Background…………………………………………………………………........1 1.3 Problem statement………………………………………………………………. 1.4 Motivation of the study………………………………………………..................3 1.5 Objectives/Investigations…………………………………………………….......4
Chapter 2: Conceptual and theoretical framework 2.1 Introduction …………………………………………………………………......5 2.2 Concept of the public debt and types of public debts……………………….......7 2.3 The size and the composition of the public debt……………………………......7 2.4 Concepts economic development and developing countries………………........8 2.5 Theoretical linkage between the debt and development…………………..........9 2.6 Debt management in developing countries ……………………………….........10 2.7 Impacts of public debt on economic development 2.7.1 The positive effect of public debt on a country’s development 2.7.2 The negative effect of public debt on a country’s development
Chapter 3: Empirical Evidence/Case studies 3.1 Introduction …………………………………………………………................11 3.2 Case study on Brazil…………………………………………………................16 3.3 Case study on China……………………………………………………............17 3.4 Case study on South Africa.................................................................................19
References.................................................................................................................................21

Chapter 1
Objective of the study
1.1Introduction
This chapter seeks to outline the main purpose of the proposed study on the role of public debt on the economic development of developing countries. In the first section, literature is used to provide background and

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