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dc.contributor.authorJha, Raghbendraen_US
dc.date.accessioned2011-12-14T09:47:01Z-
dc.date.available2011-12-14T09:47:01Z-
dc.date.issued2001en_US
dc.identifier.urihttp://hdl.handle.net/10419/53056-
dc.description.abstractThis paper considers some aspects of the effects of fiscal policy on macroeconomic adjustment in developing countries. First, the paper reviews the notion of the fiscal deficit in the particular context of developing countries. It then spells out the conditions under which the internal and external debts are sustainable and points out the role of the “twin deficits”. The paper then presents some evidence on the sustainability of the internal and external deficits in the context of some developing countries. Finally the paper develops the theme of endogeneity of money supply to fiscal policy and international capital flows and points out the difficulties faced by stabilization policy under these conditions.en_US
dc.language.isoengen_US
dc.publisherUNU-WIDER Helsinkien_US
dc.relation.ispartofseriesWIDER Discussion Papers // World Institute for Development Economics (UNU-WIDER) 2001/71en_US
dc.subject.jelO23en_US
dc.subject.jelH20en_US
dc.subject.jelH62en_US
dc.subject.ddc330en_US
dc.subject.keywordfiscal policyen_US
dc.subject.keyworddomestic debten_US
dc.subject.keywordforeign debten_US
dc.subject.stwFinanzpolitiken_US
dc.subject.stwWirtschaftliche Anpassungen_US
dc.subject.stwEntwicklungsländeren_US
dc.titleMacroeconomics of fiscal policy in developing countriesen_US
dc.typeWorking Paperen_US
dc.identifier.ppn335130208en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:WIDER Discussion Papers, United Nations University (UNU)

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