The Impact Of Fiscal Policy On Economic Growth A Case Study Of Pakistan 2002 2014 PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download The Impact Of Fiscal Policy On Economic Growth A Case Study Of Pakistan 2002 2014 PDF full book. Access full book title The Impact Of Fiscal Policy On Economic Growth A Case Study Of Pakistan 2002 2014.
| Author | : Ruman Khan |
| Publisher | : |
| Total Pages | : 36 |
| Release | : 2016-08-19 |
| Genre | : |
| ISBN | : 9783668269149 |
Download The Impact of Fiscal Policy on Economic Growth. A Case Study of Pakistan (2002-2014) Book in PDF, ePub and Kindle
Seminar paper from the year 2016 in the subject Economy - Theory of Competition, Competition Policy, grade: A, course: Economics, language: English, abstract: In this study we will assess the impact of fiscal policy on economic growth during the period of 2002-2014. The data of the study will be collected from economic surveys of Pakistan various editions, statistical supplements and Budget documents. To check the stationarity of the data, computer software will be used for a fitting auto-regressive time series model. The study is designed as follows: Literature available on this topic is analyzed in section two, objective of the study, hypothesis of the study, model fitting, source of data, methodology, conclusion and references are presented in chapter three, four, five, six, seven and eight respectively. Fiscal policy is the effective and practical policy of all governments. Under fiscal policy a government uses its expenses or expenditures (developmental and non-developmental) and revenues (taxes and non-taxes) to produce desirable effects on economic activities and avoid undesirable ones on the national income, production and employment opportunities in a country. It also plays a vital role in the leading overall economic activities. According to F.R.Glahe (1985), "By fiscal policy is meant the regulation of the level of government expenditure and taxation to achieve full employment without inflation in the economy." If the mass community of a country have an access to comparatively superior and abundant commodities, if the per capita income is accumulative, if the lives of the public are becoming easier and luxurious and if value added commodities are available in the market over a long period of time then it means that the country is economically growing and economic growth is taking place. As economic growth is a multidimensional phenomenon. It depends upon a large number of macro inputs. It is affected by various variables and lays impact upon differen
| Author | : Najia Saqib |
| Publisher | : |
| Total Pages | : 6 |
| Release | : 2019 |
| Genre | : |
| ISBN | : |
Download Impact of Fiscal and Monetary Policy on Economic Growth in an Emerging Economy Book in PDF, ePub and Kindle
This study investigates the comparative effect of fiscal and monetary policy on economic growth in Pakistan using annual time series data from 1984 to 2014. The cointegrtion result suggests that both monetary and fiscal policy have significant and positive effect on economic growth. The coefficient of monetary policy is much greater than fiscal policy which implies that monetary policy has more concerned with economic growth than fiscal policy in Pakistan. The implication of the study is that the policy makers should focus more on monetary policy than fiscal to enhance economic growth. The role of fiscal policy can be more effective for enhancing economic growth by eliminating corruption, leakages of resources and inappropriate use of resources. However, the combination and harmonization of both monetary and fiscal policy are highly recommended.
| Author | : International Monetary Fund |
| Publisher | : International Monetary Fund |
| Total Pages | : 257 |
| Release | : 2015-04-20 |
| Genre | : Business & Economics |
| ISBN | : 1498344658 |
Download Fiscal Policy and Long-Term Growth Book in PDF, ePub and Kindle
This paper explores how fiscal policy can affect medium- to long-term growth. It identifies the main channels through which fiscal policy can influence growth and distills practical lessons for policymakers. The particular mix of policy measures, however, will depend on country-specific conditions, capacities, and preferences. The paper draws on the Fund’s extensive technical assistance on fiscal reforms as well as several analytical studies, including a novel approach for country studies, a statistical analysis of growth accelerations following fiscal reforms, and simulations of an endogenous growth model.
| Author | : Ovais Ahmed |
| Publisher | : |
| Total Pages | : 17 |
| Release | : 2016 |
| Genre | : |
| ISBN | : |
Download The Wrong Impact of Fiscal Imbalance on Economic Growth and Monetary Policy Consequences Book in PDF, ePub and Kindle
This study is to investigate the wrong impact of fiscal imbalance on economic growth of country through contiguous monetary policy made by central bank of Pakistan. The purpose of the empirical study is to determine the solution of monetary policy which emulated fiscal deficit that cause to imbalance in money supply and diverges interest rate on bank borrowings. To keeping view of literature, reveals the monetary policy and fiscal imbalance relationship which creates the view of fiscal challenges in economy. Data has been collected from prior research studies and literature. In this study correlation and regression analysis are being used to measure the relationship between monetary and fiscal variables. For this analysis, these statistical measurements evaluated the fiscal imbalance and monetary policy. Besides, the ANOVA and Multicollinearity also were used. The research study is limited to economic statistics from 1980 to 2013 that possibly collected from Pakistan bureau of statistics. The conclusive point of this study that fiscal imbalance could be improvised by adopting monetary policy appropriately implemented in economy that could make sustainable growth in country. By this change, inflation indicates integral part of fiscal deficit and monetary stances. For this study, Correlation and regression analysis showed that predictive approaches of fiscal imbalance with inflation and monetary policy which is not adequately adjusted with economic growth.
| Author | : Richard Hemming |
| Publisher | : International Monetary Fund |
| Total Pages | : 62 |
| Release | : 2002-12 |
| Genre | : Business & Economics |
| ISBN | : |
Download The Effectiveness of Fiscal Policy in Stimulating Economic Activity Book in PDF, ePub and Kindle
This paper reviews the theoretical and empirical literature on the effectiveness of fiscal policy. The focus is on the size of fiscal multipliers, and on the possibility that multipliers can turn negative (i.e., that fiscal contractions can be expansionary). The paper concludes that fiscal multipliers are overwhelmingly positive but small. However, there is some evidence of negative fiscal multipliers.
| Author | : Mr.Jonathan David Ostry |
| Publisher | : International Monetary Fund |
| Total Pages | : 30 |
| Release | : 2014-02-17 |
| Genre | : Business & Economics |
| ISBN | : 1484397657 |
Download Redistribution, Inequality, and Growth Book in PDF, ePub and Kindle
The Fund has recognized in recent years that one cannot separate issues of economic growth and stability on one hand and equality on the other. Indeed, there is a strong case for considering inequality and an inability to sustain economic growth as two sides of the same coin. Central to the Fund’s mandate is providing advice that will enable members’ economies to grow on a sustained basis. But the Fund has rightly been cautious about recommending the use of redistributive policies given that such policies may themselves undercut economic efficiency and the prospects for sustained growth (the so-called “leaky bucket” hypothesis written about by the famous Yale economist Arthur Okun in the 1970s). This SDN follows up the previous SDN on inequality and growth by focusing on the role of redistribution. It finds that, from the perspective of the best available macroeconomic data, there is not a lot of evidence that redistribution has in fact undercut economic growth (except in extreme cases). One should be careful not to assume therefore—as Okun and others have—that there is a big tradeoff between redistribution and growth. The best available macroeconomic data do not support such a conclusion.
| Author | : Guillermo E. Perry |
| Publisher | : World Bank Publications |
| Total Pages | : 354 |
| Release | : 2007-10-19 |
| Genre | : Business & Economics |
| ISBN | : 0821370855 |
Download Fiscal Policy, Stabilization, and Growth Book in PDF, ePub and Kindle
Fiscal policy in Latin America has been guided primarily by short-term liquidity targets whose observance was taken as the main exponent of fiscal prudence, with attention focused almost exclusively on the levels of public debt and the cash deficit. Very little attention was paid to the effects of fiscal policy on growth and on macroeconomic volatility over the cycle. Important issues such as the composition of public expenditures (and its effects on growth), the ability of fiscal policy to stabilize cyclical fluctuations, and the currency composition of public debt were largely neglected. As a result, fiscal policy has often amplified cyclical volatility and dampened growth. 'Fiscal Policy, Stabilization, and Growth' explores the conduct of fiscal policy in Latin America and its consequences for macroeconomic stability and long-term growth. In particular, the book highlights the procyclical and anti-investment biases embedded in the region's fiscal policies, explores their causes and macroeconomic consequences, and asesses their possible solutions.
| Author | : M. Ayhan Kose |
| Publisher | : World Bank Publications |
| Total Pages | : 403 |
| Release | : 2021-03-03 |
| Genre | : Business & Economics |
| ISBN | : 1464815453 |
Download Global Waves of Debt Book in PDF, ePub and Kindle
The global economy has experienced four waves of rapid debt accumulation over the past 50 years. The first three debt waves ended with financial crises in many emerging market and developing economies. During the current wave, which started in 2010, the increase in debt in these economies has already been larger, faster, and broader-based than in the previous three waves. Current low interest rates mitigate some of the risks associated with high debt. However, emerging market and developing economies are also confronted by weak growth prospects, mounting vulnerabilities, and elevated global risks. A menu of policy options is available to reduce the likelihood that the current debt wave will end in crisis and, if crises do take place, will alleviate their impact.
| Author | : John Cockburn |
| Publisher | : Springer |
| Total Pages | : 156 |
| Release | : 2013-12-05 |
| Genre | : Business & Economics |
| ISBN | : 3319031376 |
Download Infrastructure and Economic Growth in Asia Book in PDF, ePub and Kindle
Public spending on infrastructure plays an important role in promoting economic growth and poverty alleviation. Empirical studies unequivocally show that under-investment in infrastructure limit economic growth. At the same time, numerous other studies have shown that investment in infrastructure can be a highly effective tool in fighting poverty reduction1. In that context, the financing of infrastructure has been a critical element of most economic growth and poverty reduction strategies in developing countries, since the start of this millennium. This book provides a comparative analysis of the aggregate and sectoral implications of higher spending on infrastructure in three very different Asian countries: China, Pakistan, and the Philippines. Particular attention is paid to the role of alternative financing mechanisms for increasing public infrastructure investment, namely distortionary and non-distortionary means of financing. The book will be of interest to scholars and policy-makers concerned with economic growth in developing countries.
| Author | : Debarati Guha-Sapir |
| Publisher | : Oxford University Press |
| Total Pages | : 341 |
| Release | : 2013-05-23 |
| Genre | : Business & Economics |
| ISBN | : 0199841934 |
Download The Economic Impacts of Natural Disasters Book in PDF, ePub and Kindle
This work combines research and empirical evidence on the economic costs of disasters with theoretical approaches. It provides new insights on how to assess and manage the costs and impacts of disaster prevention, mitigation, recovery and adaption, and much more.
