The impact of sovereign debt on economic growth in north Africa : a comparative study among Algeria, Morocco and Tunisia

الملخص EN

This study investigates whether the officials in Algeria, Morocco and Tunisia have efficiently allocated their sovereign debts to improve their economic performance during 1970-2016.

To verify this, OLS regression method has been used, in addition to pre-estimation statistics to support the model results.

The results show a misallocating of sovereign debt funds to improve the economic performance in Algeria and Morocco.

They also indicate that Tunisia's officials have succeeded in allocating sovereign debt properly to upgrade their economic performance in addition to the burden that occurs as sovereign debt aftermaths.