International records / OpenAlex research

External Debt Load and Socioeconomic Realities Nexus: From Nigeria

The socioeconomic reality and foreign debt load of Nigeria are the subjects of the study. An ex post facto research strategy was employed in the investigation. The government's coffers are the dependent variable, whereas the stock of foreign debt, the payment of external debt, and the human development index are the independent factors. The theoretical framework utilised was that of the debt cycle and debt overhang. Both countryeconomy.com and Nigeria's debt management agency provided secondary data. Data was collected from 2014 to 2023 using descriptive statistics and regression analysis find…