2 edition of Deficit financing and economic development found in the catalog.
Deficit financing and economic development
R. G. Kulkarni
|Statement||[by] R. G. Kulkarni.|
|LC Classifications||HJ192 .K8 1966|
|The Physical Object|
|Pagination||xv, 399 p.|
|Number of Pages||399|
|LC Control Number||sa 67000567|
Deficit financing can be regarded as a necessary evil which has to be tolerated, at least in the developing economies; only to the extent it can promote capital formation and economic development. This extent of tolerance is called the “safe limit of deficit financing”. Then every country preferred to use deficit financing as a method of financing their economic planning and economic development. Of late deficit financing has become a permanent source of funding of planning requirements. Limits of Deficit Financing. Economists have favored deficit financing for several reasons.
Impact of Deficit Financing on Economic Growth in Nigeria. Ali Manir Bazza α, Mandara Binta σ & Ibrahim Muhammad Alhaji ρ. Abstract- This study examined the impact of deficit financing on economic growth in Nigeria for the period spanning from to File Size: KB. For financing economic development: The economic problems faced by underdeveloped countries are different from that of advanced countries. In advanced countries, the task of capital formation is in the hands of private entrepreneurs but in poor countries there is a dearth of people willing and able to undertake entrepreneurial functions.
Additional Physical Format: Online version: Hukku, Manorma, Deficit financing and economic development in India. New Delhi, India: Mittal Publications, deficit-financing but had no views regarding inflationary pressures, which they considered as more or less inevitable during a development pro cess. The neo-orthodox economists under the pressure of circumstances, have recognised the role of deficit-financing; however, they hold that the magnitude of deficit-financing.
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Deficit financing is a useful technique if it is handled properly with sufficient care, Deficit financing can be justified to the extent that it helps to stimulate rapid economic development.
However deficit spending without any limit is dangerous to the economy as a whole. Deficit Financing and Economic Development in India. Manorma Hukku. Mittal Publications, - Deficit Deficit financing and economic development book - pages. 1 Review. References.
Contents. Sources of Financing Economic Development. 1 5/5(1). In the earlier stages of economic development in India, i.e. during the First and Second Plan periods, the prevailing expert opinion seemed to be in favour of forcing economic development by undertaking deficit financing of a pretty high order.
This view, of course. development. Prolong deficit financing have an overall negative impact on the economy by crowding out private investment Isah . However, Onuorah and Ogbonna,  opined that mix match of internal and external debt has led to failure of deficit financing in stimulating economic development File Size: KB.
that deficit financing is statist ically significant and positively related to economic growth in Nigeria. International Journal of Economics and Fi nancial Management Vol. 4 No.
1 I SSN. Deficit financing is today a major instrument in the hands of governments, both in developed and under-developed countries to finance a warrior to carry, out a programme of economic development.
In the advanced private enterprise countries, deficit financing is resorted to ensure continued high levels of economic activity and to offset the occasional tendencies to a decline in private spending.
Above all, a mild dose of inflation following deficit financing is conducive to the whole process of development. In other words, deficit financing is not anti- developmental provided the rate of price rise is slight.
However, the end result of deficit financing is inflation and economic instability. external budget deficit financing mechanisms on economic growth in Kenya.
The study used secondary time series data for the period from Economic Survey published by Kenya National Bureau Size: KB.
ADVERTISEMENTS: In this article we will discuss about deficit financing as an instrument of economic development. Deficit financing was originally advocated to deal with a situation of depression in the advanced countries. Now this situation differs from that of the underdeveloped countries in that in the advanced countries both unemployed labour and all the productive [ ].
In this issue of F&D, we look at the economic and financial impact of climate change policies. Driven by technology, innovation, investment and a dynamic private sector, we point to concrete solutions that offer opportunities for growth. Get this from a library.
Deficit financing and economic development, with special reference to Indian economic development. [R G Kulkarni]. Abstract. This chapter will analyze the interrelationships of public finance and economic development. The following aspects of public finance will be considered: the budget deficit (or surplus), the size of the public sector, and public by: 1.
Deficit financing is used as the simple and effective fiscal device to meet the financial requirements of the government during emergencies such as war. Keynes popularized deficit financing as an effective fiscal instrument to control the economic fluctuations and to raise the level of the employment.
Deficit financing, practice in which a government spends more money than it receives as revenue, the difference being made up by borrowing or minting new gh budget deficits may occur for numerous reasons, the term usually refers to a conscious attempt to stimulate the economy by lowering tax rates or increasing government expenditures.
The influence of government deficits upon a. 1. High level of employment is ensured by the policy of deficit financing. Utilized and underutilized resources can be build up with the help of this policy. Additional resources can be mobilized for the economic development by using this policy.
Social and economic over heads can be build up by adopting the policy of deficit financing. The book highlights and compares, between the developing and the industrial countries, the characteristics of revenue and expenditure, the various methods of financing budget deficits and their money supply implications, the stabilization consequences of deficit financing, and various issues of monetary control and liberalization of financial Brand: Wassim Shahin.
As flow of goods and services increase prices will began to fall. deficit financing is an important device for financing development plans for underdeveloped countries and accelerate their rate of economic development.
Money Supply and Deficit Financing in Economic Development By Wassim N. Shahin ISBN: Published: Number of Pages: Edition: Updated Binding: Hardcover Pricing & Availability: Additional Details: Product Type: Book Publisher: Praeger Description: Budget deficits are features of over 80 percent of the countries in the world.
Downloadable (with restrictions). This paper examines the relationship among deficit-financing fiscal policy, risk and economic growth in a stochastic endogenous growth model with private and public capital. We show that there are positive balanced-growth rate and a debt-to-GDP ratio that depend on deep parameters such as the income tax rate and the standard deviation of the growth rate of.
aimed at examining the effect of deficit financing on unemployment rate in Nigeria. The study adopted the ex-post facto research design. Annual time series data for 44years were collected from Central Bank of Nigeria Statistical Bulletin, Federal Office of Statistics and World Bank Handbook of Statistics for the period of File Size: KB.
Deficit Financing, the Debt, and “Modern Monetary Theory” Congressional Research Service 1 Introduction Traditional macroeconomic theory addresses two main questions. First, macroeconomic theory and policy seek to mitigate short-term economic fluctuations (or stabilize the economy) that leave productive resources idle for a Size: 1MB.The book then examines the macroeconomic consequences of large increases in money supply and evaluates policies of inflationary finance.
The analysis recommends monetary control measures by providing one of the most comprehensive surveys on the relationship between monetary policy instruments and money supply in economic development.The findings revealed among others that; Government budget deficit financing has insignificant positive effect on economic growth as coefficient = (Prob = ).
In addition, government budget deficit financing has insignificant positive effect on recurrent expenditure on health with coefficient = and a high Probity of 0.