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 Budget Deficits and Macroeconomic Performance in Kenya. An Empirical Analysis
Наименование:

Budget Deficits and Macroeconomic Performance in Kenya. An Empirical Analysis

автор George K. издательство Книга по Требованию Экономическая теория
Cтраниц 172        мягкая обложка       
Аннотация:For instance, domestic borrowing leads to the crowding out of the private investments. This book establishes that the budgeting process had loop holes which perpetrated budget deficits. The instability in the government fiscal position is attributed to various factors such as the budgeting process, low level of economic development, growth and instability of government revenues, control of government expenditure, and macroeconomic shocks among others. Budget deficits have attracted a great deal of attention over the past two decades. The method of financing the budget deficit results in some type of imbalance. Also, the sources of budget deficits included: level of economic development, growth of revenues, instability of government revenues, government control over expenditures and the extent of government participation in the economy. They were blamed for the assortment of ills that beset developing countries. These ills are: high inflation, poor investment and growth performance and over indebtedness. Budget deficits have a significant effect on: private consumption, private investments, money supply (M3), treasury bills rate, current account and real GDP.
Автор: George K.
Издательство: Книга по Требованию
Год:2010
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Там же, в Гарвардском университете, Л. заведовал кафедрой политической экономии имени Генри Лис 1953 по 1975 г., после чего занял пост профессора экономики и директора Института экономического анализа Нью-Йоркского университета. Начиная с публикации в 1936 г. его первой статьи, посвященной методу «затраты – выпуск», научные произведения Л. отличались высокой аналитической строгостью и широким диапазоном интересов к общим экономическим проблемам. Хотя Л. сам является квалифицированным математиком, он постоянно критикует попытки применять математические теории к объяснению мировых экономических проблем. По его мнению, экономика относится к числу прикладных наук, и ее теории могут принести пользу, если будут эмпирически осуществлены в жизни. Эта точка зрения четко прослеживается уже в его первой книге «Структура американской экономики, 1919.1929 гг.: эмпирическое применение анализа равновесия» (" he S ruc ure of he America Eco omy, 1919.1929: A Empirical Applica io of Equilibrium A alysis"), опубликованной в 1941 г. Эта исходная работа. излагающая метод экономического анализа «затраты – выпуск», легла в основу репутации Л. как выдающегося новатора в области экономики.
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