The Role of External Financing Sources in Economic Growth in Post-Conflict Countries An Analytical Study (Cambodia, Sierra Leone) as a Model

Abstract

The study aims to analyze the trends of external financing sources (foreign direct investment, total external debt stock, grants and development aid, and personal remittances) in economic growth and some economic indicators for a sample of countries that suffered from conflict, namely (Cambodia and Sierra Leone), for the period (1995-2022). The study relied on the descriptive analytical approach, and the study concluded that external financing sources contributed to enhancing economic growth and economic recovery in Cambodia more than Sierra Leone in the level of post-conflict economic growth. The study suggests reducing dependence on external financing sources to avoid the problem of dependency and economic and political instability.