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The Macroeconomics of Public Sector Deficits

The Macroeconomics of Public Sector Deficits
Author: William Easterly
Publisher:
Total Pages: 100
Release: 1991
Genre: Ajuste economico
ISBN:

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Ten case studies suggest that two unorthodox methods of deficit financing - inflation tax and financial repression - are both ineffective in raising revenue and disruptive of macroeconomic stability. Fiscal stabilization leads to both higher private consumption and increased investment and to external adjustment - characterized by a lower trade deficit and a depreciated real exchange rate.


The Macroeconomics of the Public Sector Deficit

The Macroeconomics of the Public Sector Deficit
Author: William Easterly
Publisher: World Bank Publications
Total Pages: 78
Release: 1991
Genre: Budgetunderskud
ISBN:

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Politica macroeconomica y analisis de las cuentas del sector publico entre 1970-87, balance con relacion a las exportaciones de cafe, deficit fiscal, inflacion y tasas de interes.


Budget Deficits and Macroeconomic Policy

Budget Deficits and Macroeconomic Policy
Author: J. Perkins
Publisher: Springer
Total Pages: 186
Release: 1997-05-29
Genre: Business & Economics
ISBN: 0230373283

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Discussions of macroeconomic policy often focus on changes in the budget deficit. A low budget deficit is one of the criteria for admission to the EMU. But some combinations of fiscal measures having a given effect on the budget deficit can have damaging effects on the principal macroeconomic objectives such as inflation and full employment, whereas other combinations will not. This is illustrated by using results from simulations for various OECD countries.


The Macroeconomics of Public Sector Deficits

The Macroeconomics of Public Sector Deficits
Author: Roumeen Islam
Publisher:
Total Pages: 184
Release: 1991
Genre: Budget deficits
ISBN:

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In developing countries, fiscal policy - in particular, the reduction of public sector deficits - has been a key element of stabilization and adjustment programs. An empirical analysis of fiscal deficits in Ghana, where they have been a prominent feature, reveals their significant effects on both the real and finincial sides of the economy.


Macroeconomics of Public Sector Deficits

Macroeconomics of Public Sector Deficits
Author: Jorge Marshall
Publisher:
Total Pages: 108
Release: 1991
Genre: Debts, Public
ISBN:

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Chile's success suggests that fiscal stabilization is prerequisite for structural reform - and that structural reform need not be postponed until stabilization is fully achieved.


The Macroeconomics of Public Sector Deficits

The Macroeconomics of Public Sector Deficits
Author: Nadeem Ul Haque
Publisher:
Total Pages: 76
Release: 1991
Genre: Debts, Public
ISBN:

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Pakistan's fiscal deficit remains high because of the government's inability to mobilize new resources or to cut current expenditures. Yet, unlike other developing countries with high fiscal deficits, Pakistan has experienced neither hyperinflation nor debt rescheduling. This can be attributed to high growth and to the availability of concessional external financing and domestic nonbank borrowing.


The Economics of Public Spending

The Economics of Public Spending
Author: Hassan Bougrine
Publisher: Edward Elgar Publishing
Total Pages: 198
Release: 2000-01-01
Genre: Business & Economics
ISBN: 9781782543381

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This text argues that in many jurisdictions free market advocates have resorted to pubic sector downsizing and privatization as a means of alleviating problems of unemployment and slow economic growth, and that, as a consequence, the strategy of reducing public deficits, balancing budgets and achieving surpluses has become widely accepted as the only road to prosperity.