The Size, Financing and Impact of the Public Sector Deficit, 1975-198
AbstractThe manner by which the government has chosen to finance the fiscal deficit in the given period and the economic consequences of financing of government expenditures are discussed in this paper. It documents the size of the government deficit from 1975-1984 through the presentation of a consistent series of consolidated public sector. It also analyzes the implications of the fiscal deficit on public debt, interest rate, capital formation, money creation and inflation.
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Bibliographic InfoPaper provided by Philippine Institute for Development Studies in its series Working Papers with number WP 1988-03.
Date of creation: 1988
Date of revision:
public policy; public debt; public sector; fiscal sector;
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- Fry, Maxwell J., 1980. "Saving, investment, growth and the cost of financial repression," World Development, Elsevier, vol. 8(4), pages 317-327, April.
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