Consequences of fiscal deficit and public debt in financing the public sector

Consequences of fiscal deficit and public debt in financing the public sector

The aim of this paper is to highlight the important issues of the budget deficit and public debt and their impact on economic growth. This paper considers the twin deficit hypothesis, which argues that there is a strong correlation between the current account deficit for an economy and government bu...

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Bibliographic Details
Main Authors: Tešić Aleksandra, Ilić Dragan, Đelić Tanja Anastazija
Format: Article
Language:English
Published: Naučno društvo agrarnih ekonomista Balkana, Beograd; Institut za ekonomiku poljoprivrede, Beograd i Akademija ekonomskih nauka, Bukurešt 2014-01-01
Series:Ekonomika Poljoprivrede (1979)
Subjects:
budget deficit
investment
public debt
spending
economic growth
Online Access:http://scindeks-clanci.ceon.rs/data/pdf/0352-3462/2014/0352-34621401177T.pdf

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