Impact of Foreign Debt on Growth of a Developing Country

This book tried to investigate the impact of foreign debt on growth in Bangladesh. This book is written based on the previous research. The annual data series over the period 1972-2016 has been used. This book shows the relationship of growth and debt. This book identifies a significant adverse effect of debt on growth in developing country. In Bangladesh External debt service is a burden for its nation and it makes the GDP slows down. This book shows that a developing country like Bangladesh should find out any option of debt cancellation and must increase human development and more infrastructure development. It is also shown that debt management should be effective and fair, and Exports, FDI and Remittances are helpful for the growth of a developing country like Bangladesh. The particular objectives are: 1. To investigate the impact of external debt on economic growth of a developing country. 2. To figure out how external debt is burden for national economy. 3. To investigate the debt sustainability and debt management policy of a country. 4. To find out the determinants of debt and how it differ from others country.

Rakib Hasan Chowdhury, MBA (Finance), Bangladesh University of Professionals (BUP), Dhaka, Bangladesh. He conducted some academic research on different economic development indicators (such as FDI inflow, GDP growth, Inflation, Labor productivity, Standard of living, etc), financial market condition and various comparative analyses.