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investment, especially, its infrastructural component, and shattered or, even reversed the complementarity between public and … deteriorates economic growth but it could also reverse the complementarity between public and private investment in the long-run …
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This paper takes into account the recent role of social spending on development. Social spending outcome in Sudan is influenced by limited targeting actions with very low interventions between results in economic growth and accesses to basic social services. An econometric models results show...
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Most parts of the Euro area have seen seven years of deep economic crisis. The strategy of tightening the fiscal constraints of the SGP has driven many member states into austerity. In contrast, the golden rule of public investment proposed in this study would be one important element of the...
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