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Kuwait has a large portion of oil-related sectors in the economy and that indicates high elasticity of both GDP and …
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Independent variables (Government Expenditure and Taxes). This implies that the government expenditure is a strong determinant of …
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expenditure, recurrent expenditure and the government fiscal expansion in line with support for the budgetary allocations to …
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Ensuring fiscal sustainability in the Member States of the European Union has become an extremely important goal in the current economic context. The formulation of appropriate policies can lead to fiscal consolidation, and the manifestation of a fiscal shock with direct implications on national...
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all, on government spending, which, in turn, has an insignificant impact on GDP. The paper discusses some policy …
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