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Fiscal Rules and Effective Fiscal Policy

open access: yesComparative Economic Research, 2012
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
doaj   +1 more source

THE IMPACT OF GEOPOLITICAL CRISES ON FISCAL AND BUDGETARY STABILITY [PDF]

open access: yesFinancial Studies
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
doaj   +1 more source

Determinants of Budget Deficit in Nigeria

open access: yesJournal of International Business, Economics and Entrepreneurship, 2021
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
doaj   +3 more sources

What Lies Behind Fiscal Deficit: A Case of Pakistan

open access: yesTransylvanian Review of Administrative Sciences, 2013
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
doaj  

Political business cycle and fiscal discipline in Sub-Saharan Africa

open access: yesEuropean Journal of Government and Economics, 2021
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
doaj   +1 more source

Dinero, política fiscal y estabilidad: ¿Es necesario el déficit fiscal? [PDF]

open access: yesOla Financiera, 2013
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
doaj  

Examining the Twin Deficit Hypothesis: Evidence From Selected SADC Countries

open access: yesJournal of Management and Research, 2015
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
doaj   +1 more source

Financial integration, euro and the twin deficits of southern Eurozone countries [PDF]

open access: yesPanoeconomicus, 2013
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.
doaj   +1 more source

MODERATING ROLE OF INFLATION ON THE RELATIONSHIP BETWEEN PUBLIC DEBT AND PRIVATE INVESTMENT IN SOUTH AFRICA

open access: yesGusau Journal of Accounting and Finance
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
doaj   +3 more sources

Fiscal regime changes and the sustainability of fiscal imbalance in South Africa: a smooth transition error-correction approach

open access: yesSouth African Journal of Economic and Management Sciences, 2012
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
doaj   +1 more source

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