Impact of Public External Debt on Economic Growth in Mexico: An Empirical Analysis: An Empirical Analysis
DOI:
https://doi.org/10.29105/vtga10.5-966Keywords:
Public External Debt, Gross Domestic Product, Gross Fixed Capital Formation, México, Economic PolicyAbstract
The aim of this study is to identify the impact of Public External Debt investment on Mexico's economic growth. A quantitative and descriptive approach was employed, using historical data on the evolution of Public External Debt and the country's economic growth. The research design was based on trend analysis over time. The sample included data collected over several years, allowing for the assessment of long-term relationships between Public External Debt and economic growth. The instruments used were relevant financial and economic indicators such as Gross Domestic Product (GDP) Public External Debt. Results revealed a negative correlation between increased Public External Debt and economic growth, suggesting that higher indebtedness does not necessarily translate into proportional economic growth. In conclusion, proper management of Public External Debt is crucial to avoid financial crises and ensure sustainable economic development in Mexico.
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