Foreign Debt Management and Nigeria Economic Development

Abstract

This study reviewed the effect of foreign debt management on sustainable economic growth and development with specific emphasis on igeria over the period of 1979-2009. Ordinary least square multiple regression analytical method was used to examine the relationship between external debt management and economic development. The study has developed Error correction Model (ECM) for short and long run dynamics after having the times saves tested for stationarilty using ADF and unit root test.