Abstract
The main motive of the study was to investigate the role of good governancebetween debt to GDP and economic development. Existing study used the dataover the period of period 1990 to 2020 of World Bank. Per capita Income (PCI) istaken as dependent variable for economic performance. While good governance(GG) is considered as mediating variable in this study which is measured throughthe Worldwide Governance Indicators (WGI). Whereas debt to GDP is used as anindependent variable in this study. This study measured the direct and indirecteffect of mediating and independent variables. The study results concluded thatthere is a relationship between debt to GDP and economic development. It showsthat more debt to GDP leads to higher economic development. Study also foundsignificant relationship of mediating variable between debt to GDP and economicdevelopment
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