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Fiscal Rules and Effective Fiscal Policy
This article examines and assesses the influence of political factors on the effectiveness of pursuing fiscal policy. These factors usually cause and maintain a high budget deficit and public debt.
Joanna Działo
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THE IMPACT OF GEOPOLITICAL CRISES ON FISCAL AND BUDGETARY STABILITY [PDF]
This study explores the relationship between geopolitical risk and fiscal-budgetary stability of countries, focusing on how external instability impacts the dynamics of the budget deficit.
Maria-Teodora PAPAINOG
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Determinants of Budget Deficit in Nigeria
This paper investigates the factors governing the determination of budget deficit in Nigeria from 1981q1 through 2016q4. Our methodology is based on Johansen cointegration and Vector Error Correction model (VECM) approach.
Maimuna M Shehu, Ibrahim M Adamu
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What Lies Behind Fiscal Deficit: A Case of Pakistan
The article aims to investigate some of the important factors contributing to the fiscal deficit in Pakistan for the period of 1976 to 2010. International trade, economic growth, total debt servicing and broad money supply are considered as foremost ...
Rukhsana KALIM, Muhammad Shahid HASSAN
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Political business cycle and fiscal discipline in Sub-Saharan Africa
We tested the Political Business Cycle theory in Sub-Sahara Africa. To provide an empirical explanation for this nexus, this paper used unbalanced panel data from thirty-six (36) Sub-Saharan African countries between 1990 and 2018. The system Generalized
Funsho Obakemi +3 more
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Dinero, política fiscal y estabilidad: ¿Es necesario el déficit fiscal? [PDF]
El debate sobre el papel del dinero es útil para comprender los alcances de la política fiscal, y así recuperar el papel del déficit público como instrumento de la política económica.
José Enrique Mendoza Méndez
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Examining the Twin Deficit Hypothesis: Evidence From Selected SADC Countries
This paper investigates the existence of a causal relationship between fiscal balance and current account balance over the period 1980-2011, for nine SADC countries individually.
REGINALD CHAONEKA
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Financial integration, euro and the twin deficits of southern Eurozone countries [PDF]
The purpose of this study is the examination of the relationship between fiscal and Current Account balances for the countries of southern eurozone. The twin deficit hypothesis is tested within the context of a portfolio model involving variables from
Kosteletou Nikolina E.
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South Africa faces a persistent decline in private investment amid rising public debt and inflation volatility, raising concerns about the long-term sustainability of its fiscal and economic trajectory.
Oloruntoba Oyedele
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In addition to the conventional linear cointegration test, this paper tests the asymmetry relationship between fiscal revenue and expenditure, by making a distinction between the adjustment of positive (budget surplus) and negative (budget deficit ...
Samuel Jibao +2 more
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