Czeglédi, PálVictor, Dário Sachicola2023-04-282023-04-282023-04-25https://hdl.handle.net/2437/351185The thesis is to shed light on the nuanced connection between debt and economic development in the developing countries in overall. Many governments are driven to require foreign aid to perform their effectively they tasks, government debt also called public debt is described as the amount of money owed by a government to its creditors and has been a main tool for many developing countries, to maintain the sustainability of their economy. The main concern about the debt situation is that creditors have significantly moved their actions in developing countries, which raises the question of whether public debt distress impedes economic development in developing countries or if public debt distress always negatively influences the economic development of a country. The general conclusion recal in the effectivity management of the government finances, the capability of nations avoid situations that can hinder public debt and countries avoid falling into financial distress.72enpublic debtdebt distresseconomic develpomentdeveloping countriesinternal debtexternal debtDEENK Témalista::Közgazdaságtudomány