Public Expenditure Economic Growth And Inflation
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Public Expenditure Economic Growth And Inflation
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Author : Mukesh Kumar Solanki
language : en
Publisher: Allied Publishers
Release Date : 2015-02-11
Public Expenditure Economic Growth And Inflation written by Mukesh Kumar Solanki and has been published by Allied Publishers this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-02-11 with Economic development categories.
The book “Public Expenditure, Economic Growth and Inflation” addresses the most relevant issue of inflation in Indian economy. It makes an interesting reading as it attempts to establish the relationship among three macro-economic indicators, i.e., public expenditure, economic growth and inflation. The book gives an overview of the increasing public expenditure and its composition throughout the years after independence. Based on the secondary data the study makes a sincere effort to establish the possible relationship between public expenditure, inflation and economic growth. The book finds out that the Wagner law of increasing state activity is applicable in India both in absolute and relative terms. Economic Growth and public expenditure are positively correlated. Economic growth and inflation are inversely related. As public expenditure is motivated by maximization of social welfare, reduction in public expenditure means to sacrifice the social welfare objective.
Public Expenditure Inflation And Growth
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Author : B. B. Bhattacharya
language : en
Publisher: Oxford University Press, USA
Release Date : 1984
Public Expenditure Inflation And Growth written by B. B. Bhattacharya and has been published by Oxford University Press, USA this book supported file pdf, txt, epub, kindle and other format this book has been release on 1984 with Business & Economics categories.
In this empirical analysis, the author uses a deaggregated macro-economic model developed especially for the mixed economy of India to discuss India's government budgetary constraints, resource mobilization, money supply and price levels, investment and growth, and wage-price spirals.
Fiscal Policy Stabilization And Growth In Developing Countries
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Author : Mr.Mario I. Bléjer
language : en
Publisher: International Monetary Fund
Release Date : 1989-06-15
Fiscal Policy Stabilization And Growth In Developing Countries written by Mr.Mario I. Bléjer and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 1989-06-15 with Business & Economics categories.
Edited by Mario I. Blejer and Ke-young Chu, this book investigates linkages among components of the public sector, as well as between macro and micro aspects of fiscal policy, in developing countries. It presents 13 papers prepared by economists of the IMF's Fiscal Affairs Department.
Public Expenditure Handbook
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Author : Mr.Ke-young Chu
language : en
Publisher: International Monetary Fund
Release Date : 1991-09-15
Public Expenditure Handbook written by Mr.Ke-young Chu and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 1991-09-15 with Business & Economics categories.
This handbook, edited by Ke-young Chu and Richard Hemming, offers guidance to officials formulating public policy recommendations, so that the aggregate level of public spending conforms with the economy's overall resource capacity. The handbook looks at the impact of public spending on the efficiency of resource use and explores the basis for distinguishing between productive and unproductive spending.
Classical Economics Public Expenditure And Growth
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Author : Walter Eltis
language : en
Publisher: Edward Elgar Publishing
Release Date : 1993
Classical Economics Public Expenditure And Growth written by Walter Eltis and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 1993 with Business & Economics categories.
Walter Eltis's work has played a major role in the rediscovery of the policy relevance of classical economics. His articles on Smith, Quesnay, Ricardo and Malthus, where he derives their underlying economic argument from a detailed examination of their principal publications, led to the Bacon and Eltis theory which challenged Keynesian orthodoxy. It showed how growing public expenditure and increasing public debt reduce economic growth and destabilize modern economies. This volume includes a carefully chosen selection of his key articles and papers, as well as an extensive introductory essay which provides an account of the evolution of his ideas and their impact on economic policy.
Government Expenditure And Economic Growth
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Author : International Monetary Fund
language : en
Publisher: International Monetary Fund
Release Date : 1989-05-15
Government Expenditure And Economic Growth written by International Monetary Fund and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 1989-05-15 with Business & Economics categories.
This paper examines the empirical evidence on the contribution that government and, in particular, capital expenditure make to the growth performance of a sample of developing countries. Using the Denison growth accounting approach, this study finds that social expenditures may have a significant impact on growth in the short run, but infrastructure expenditures may have little influence. While current expenditures for directly productive purposes may exert a positive influence, capital expenditure in these sectors appears to exert a negative influence. Experiments with other explanatory variables confirm the importance of the growth of exports to the overall growth rate.
How To Limit Government Spending
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Author : Aaron B. Wildavsky
language : en
Publisher: Univ of California Press
Release Date : 1980-01-01
How To Limit Government Spending written by Aaron B. Wildavsky and has been published by Univ of California Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1980-01-01 with Political Science categories.
Criticizes government spending policy, budgeting methods, and expenditures, calling for a constitutional amendment to curb inflation and limit federal spending
The Economics Of Public Spending
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Author : Hassan Bougrine
language : en
Publisher: Edward Elgar Publishing
Release Date : 2000-01-01
The Economics Of Public Spending written by Hassan Bougrine and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000-01-01 with Business & Economics categories.
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.
Government Size And Implications For Economic Growth
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Author : Andreas Bergh
language : en
Publisher: Rowman & Littlefield
Release Date : 2010
Government Size And Implications For Economic Growth written by Andreas Bergh and has been published by Rowman & Littlefield this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010 with Economic development categories.
As economists and policymakers strive to understand the causes of the global financial crisis, pinpointing the relationship between government size and economic growth is crucial. In this incisive economic study, Andreas Bergh and Magnus Henrekson find that in wealthy countries, where government size is measured as total taxes or total expenditure relative to GDP, there is a strong negative correlation between government size and economic growth-where government size increases by 10 percentage points, annual growth rates decrease by 0.5 to 1 percent. Bergh and Henrekson stress that statistical correlations, even when highly significant, are not law. Some countries with high taxes enjoy above-average growth, and some countries with small governments have stagnant economies. The Scandinavian welfare states, for example, have enjoyed steady growth over the last decade despite their large governments. However, these nations compensate for high taxes by employing market-friendly policies in other areas, such as trade openness and inflation control. Government Size and Economic Growth concludes that, in every case, economic freedom is a crucial determinant of economic growth_suggesting that government intervention in the marketplace may be the wrong approach to solving the economic crisis.
Prosperity And Public Spending Routledge Revivals
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Author : Edward Nell
language : en
Publisher: Routledge
Release Date : 2009-12-15
Prosperity And Public Spending Routledge Revivals written by Edward Nell and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-12-15 with Business & Economics categories.
In a dramatic and well-argued challenge to the prevailing wisdom, Prosperity and Public Spending, first published in 1988, contends that the failure of Keynesian economics has been due to its timidity. Far from contracting, the government must expand its powers and activities, in order to achieve and maintain economic prosperity. The need for such expansion arises from the fact that the system has developed from a craft-based economy to a mass-production network with sophisticated international finance. This "transformational growth" brings about irreversible and sometimes devastating changes, requiring government action. Professor Nell argues that a lack of government action in the decade prior to the book’s initial publication was responsible for the stagnation of the economy and he asserts that this could only be overcome by a determined policy intervention and the political will to achieve dominance over private capital.