A Comprehensive Analysis of External Debt, Investment, and Economic Growth Applied to OIC Member Countries

Authors

  • Malika Dilbarova Indonesian International Islamic University

DOI:

https://doi.org/10.51377/azjaf.vol6no1.200

Keywords:

Development projects, econometric methodology, theoretical framework, international economics, public policy, causal relationships, external debt, investment, economic growth, OIC member countries

Abstract

This work examines foreign debt, investment, and economic growth in OIC countries. Using panel data analysis, it considers how external debts affect these countries in terms of investment and economic growth. The results suggest external debt has both positive and negative roles on investment and economic growth depending on the country's economy. The importance of understanding complex relations regarding foreign debt and performance in OIC countries is highlighted. In fact, the study encourages policymakers' interventions, balancing between economic policies and those that would suit the special situations in these countries.

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Published

2025-03-14

How to Cite

Dilbarova, M. (2025). A Comprehensive Analysis of External Debt, Investment, and Economic Growth Applied to OIC Member Countries. AZKA International Journal of Zakat & Social Finance, 6(1), 91-116. https://doi.org/10.51377/azjaf.vol6no1.200

Issue

Section

Regular Issues