Budget deficit arises from fiscal operations of the government. Technically, a deficit would arise whenever expenditure surpasses revenues. In Nigeria, huge fiscal deficits had been recorded over the some years. To what extent have these impacted economic growth in Nigeria? In considering this ...
economyNigeriaThis study examined fiscal deficits and inflation in Nigeria for the period of 30 years starting from 1980 to 2010. The aim was to establish which among inflation rate and interest rate impact on fiscal deficit. It goes beyond existing studies on this subject by employing econometric...
The Political Economy of Fiscal Policy: An Experimental Study on the Strategic Use of Deficits Field data on the strategic use of deficits to limit the budgetary scope of future governments are inconclusive about the effects of political polarization... M Sutter - 《Public Choice》 被引量: 65发...
For a small open economy with fixed exchange rate regime, the twin deficit hypothesis is always an interesting and relevant research topic. The aim of this research is to evaluate the effects of the government budget shocks on the current account movement in the case of the Macedonian economy,...
Fiscal policy refers to the use of the government budget to affect the economy. It includes government spending and levied taxes. A policy is said to be expansionary when the government spends more on budget items such as infrastructure or when taxes are lowered. Such policies are typically used...
However, the second-round impact of the crisis has affected India quite badly. After a long spell of growth, the Indian economy is experiencing a downturn. Industrial growth is faltering, inflation remains at double-digit levels, the current account deficit is widening, foreign exchange reserves ...
During a severe crisis, the president also has a large impact on fiscal policy, an essential component of the response to deep recessions. During normal times, monetary policy is powerful enough to offset fluctuations in the economy on its own. But as the Great Recession showed, during a deep...
Are the existing fiscal policies effective in stabilizing the economy during downturns and stimulating recovery post-crisis? What strategic fiscal policy recommendations can be derived from the analysis to enhance economic resilience and stability in Saudi Arabia? The discussion on the role of fiscal ...
Impact of fiscal deficit and trade openness on current account deficit in India: New evidence on twin deficits hypothesis. EconomiA 2023. (ahead-of-print). [Google Scholar] Ashra, S. Inflation and Openness: A Study of Selected Developing Economies; Working Paper No. 84; Indian Council for ...
A nation's central bank controls interest rates. Adjusting interest rates to spur or slow down the economy is part of monetary policy, which a central bank is responsible for. Governments are responsible for fiscal policy, which involves adjusting taxes.11 ...