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Chapter 1 Introduction -- Chapter 2 Synopsis of fiscal policy in South Africa: 1994 – 2020 -- Part 1: Government debt -- Chapter 3 Effects of government debt on output, household consumption and gross fixed capital formation: Role of the credit conditions channel -- Chapter 4 Government debt...
Persistent link: https://www.econbiz.de/10014362489
In this paper we empirically study the relation between public debt and economic growth. We analyze how the public debt to GDP ratio at a certain point in time is correlated with the GDP growth rate in the following period, where we consider a one-year time span, a three-years time interval and...
Persistent link: https://www.econbiz.de/10014151127
This paper looks at the relationship between government budget deficits and the growth rate of GDP. While orthodox economic theory offers several reasons to believe that growing deficits might be associated with slower growth, and would ultimately be unsustainable, Keynesians assert that...
Persistent link: https://www.econbiz.de/10015069505
Most studies on the effects of debt on growth, particularly following the global financial crisis, have focused mainly on the advanced and emerging countries. Our focus on sub-Saharan Africa (SSA) derives from the recent experience of slow growth at a time of rising debt in the sub-region. This...
Persistent link: https://www.econbiz.de/10014502811
The findings from the VECM for BBS data reveal that there is a positive and significant relationship between FD and GDPGR, supporting the Keynesian theory, while findings from the VECM for World Bank data indicate that the impact of Fiscal Deficit (FD) on GDPGR is mild but negative and...
Persistent link: https://www.econbiz.de/10011772348
This study, in Italian language, examines the quarterly evolution of Italy's sovereign debt, its stock of government bonds, official reserves, GDP and balance of trade, inflation and unemployment. Please see also: Mazziero, Maurizio, 2010: Un Altro Anno a Debito per l'Italia (2010: Another Year...
Persistent link: https://www.econbiz.de/10013117482
This study, in Italian language, examines the quarterly evolution of Italy's sovereign debt, its stock of government bonds, GDP and inflation. Please see also: 2010: Mazziero, Maurizio, 2010: Un Altro Anno a Debito per l'Italia (2010: Another Year of Debt for Italy) (April 10, 2011). Available...
Persistent link: https://www.econbiz.de/10013124507
Questo Quaderno di Ricerca pone sotto osservazione i dati economici italiani, esaminando l'evoluzione trimestrale del debito pubblico, dello stock di Titoli di Stato, delle Riserve ufficiali, della crescita del Pil, dell'inflazione e della disoccupazione.This study, in Italian language, examines...
Persistent link: https://www.econbiz.de/10013097763
Research into the state of the Italian economy based on official economic data; the current Sovereign Debt, Official Reserves, GDP, Inflation and Unemployment situation is presented and and compared with the past. Please see also: Mazziero, Maurizio, Baggiani, Leonardo, Fait, Silvano and Lawford,...
Persistent link: https://www.econbiz.de/10013081963
Persistent link: https://www.econbiz.de/10013072825