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This paper empirically explores how fiscal policy - represented by changes in government spending- exerts asymmetric effects on economic growth in the context of a developing country, Egypt in particular. By allowing for the theoretical plausibility of asymmetric effects of fiscal policy on...
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integration and other inherent strengths has proved to be wrong. The economic boom in India that preceded the current downturn was …
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India has witnessed a tremendous economic growth, as measured by GDP, over the past 10 years. Many experts have pointed … out that FDI (Foreign Direct Investment) has been one of the major factors taking India to this growth level. Foreign … investment in India has increased continuously since liberalization in 1991 till date. FDI has been advantageous to Indian …
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This paper estimates the effects of fiscal stimulus on economic activity using a novel database on large fiscal expansions for 17 OECD countries for the period 1960–2006. The database is constructed by combining the statistical approach to identifying large shifts in fiscal policy with...
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