... of panel data from 30 selected SSA economies for the period spanning from 2000 to 2021. Findings The empirical findings of the regression analysis demonstrate the heterogeneous influences of the exogenous variables on external debt. While there was a positive impact of foreign direct investment (FDI...

... the negative consequences of ML. In these countries, multinational corporations take advantage of poor law and order, lower environmental regulations and corruption and shift their domestic operations into foreign countries. Financial inclusion like savings, credit, payments and transactions attract FDI...