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wps_no_355_public_debt_chinese_loans_and_optimal_exploration-extraction_in_africa_f_.pdf.jpg
Book
2021
African Development Bank Group (AfDB)

Based on an optimal oil explorationextraction model with public debts and Chinese loans, we examine analytically and empirically two theoretical propositions pertaining to the impacts of public debt and Chinese loan on economic and physical scarcity/abundance in Africa economies. First, despite a baseline independent relationship between public debt level and optim...

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