IRMA-International.org: Creator of Knowledge
Information Resources Management Association
Advancing the Concepts & Practices of Information Resources Management in Modern Organizations

The Politics of Public Debt Management Among Rising Hegemonies and the Role of ICT: Implications for Theory and Practice for 21st Century Polities

The Politics of Public Debt Management Among Rising Hegemonies and the Role of ICT: Implications for Theory and Practice for 21st Century Polities
View Sample PDF
Author(s): Christian Ugwueze Amu (Federal University of Technology, Owerri, Nigeria), Nathaniel Chinedum Nwezeaku (Federal University of Technology, Owerri, Nigeria), Linus Ezewunwa Akujuobi (Department of Financial Management Technology, Federal University of Technology, Owerri, Nigeria), Benedict Anayo Ozurunba (Federal University of Technology, Owerri, Nigeria), Sharon Nanyongo Njie (Southern University and A & M College, Baton Rouge, USA), Ikedinachi Ayodele Power Wogu (Rhema University Nigeria, Aba, Nigeria)and Sanjay Misra (Covenant University, OTA, Nigeria)
Copyright: 2023
Pages: 14
Source title: Research Anthology on Macroeconomics and the Achievement of Global Stability
Source Author(s)/Editor(s): Information Resources Management Association (USA)
DOI: 10.4018/978-1-6684-7460-0.ch038

Purchase


Abstract

While scholars like Wogu and Misra unanimously affirmed the beneficial roles of adopting AI powered ICT systems in various sectors of government and endeavours, most countries in OECD and the Commonwealth - for reasons described as ‘a political reckless attitude' - have shied away from fully adopting and implementing intelligent debt management systems for their country's financial sectors, hence, the looming debt crisis hanging over them. Premised on the Public Choice theory, the study adopts Marilyn's Ex-post facto research design and Creswell's mix-method research approaches to interrogate the arguments proffered for and against the public debt management and the benefits of ICT, with a view to identifying the nexus that exists between the politics of debt management crisis and the role of ICT for 21st-century polities. The article identified a high degree of political rascality amongst political elites and a lackadaisical will towards the full implementation of intelligent debt management systems in the countries with looming debt crisis. Viable recommendations were proffered.

Related Content

Iris-Panagiota Efthymiou, Symeon Sidiropoulos. © 2024. 24 pages.
Nitish Kumar Minz, Anshul Saluja. © 2024. 29 pages.
Iris-Panagiota Efthymiou. © 2024. 24 pages.
Antoine Toni Trad. © 2024. 43 pages.
Martha Ann Davis McGaw. © 2024. 15 pages.
Agyabeng Nimfah Yeboah, Leila Goosen. © 2024. 24 pages.
Surjit Singha. © 2024. 23 pages.
Body Bottom