 |
|
|
Item Details
| Title:
|
BUDGET DEFICITS AND ECONOMIC ACTIVITY IN ASIA
|
| By: |
Kanhaya Gupta |
| Format: |
Hardback |
| List price:
|
£180.00 |
| Our price: |
£162.00 |
| Discount: |
|
| You save:
|
£18.00 |
|
|
|
|
|
| ISBN 10: |
0415055407 |
| ISBN 13: |
9780415055406 |
| Availability: |
Usually dispatched within 1-3 weeks.
 Delivery
rates
|
| Stock: |
Currently 0 available |
| Publisher: |
TAYLOR & FRANCIS LTD |
| Pub. date: |
7 November, 1991 |
| Pages: |
224 |
| Description: |
Following an examination of current levels of government budget deficits and current fiscal policies in Asian economies, this study turns to a quantification of the effects on money supply, inflation, aggregate demand and interest rates. |
| Synopsis: |
The growth and persistence of government budget deficits is causing increasing concern in both developed and developing countries. They have provoked extreme responses: some economists hold that they have devasting effects, others that they have no real impact at all. Budget Deficits and Economic Activity in Asia examines both of these claims in the context of the Asian economies. After testing for the feasibility of the current levels of budget deficits and therefore of the current fiscal policies, the author turns to a quantification of the effects on money supply, inflation, aggregate demand and interest rates. The findings for the ten countries studied are far from uniform, but neither of the extreme positions is vindicated. Budget deficits are monetized to a considerable extent, thus impairing or at least reducing the ability of the monetary authority to pursue an independent monetary policy. The widespread view that budget deficits are inflationary because they increase the money supply receives only partial support.The apparent effects on interest rates appear to be positive and as the processes of fiscal deregulation accelerate, interest rates seem set to become even more sensitive to the behaviour of budget deficits. Countries covered include India, South Korea, Thailand and Taiwan. |
| Illustrations: |
8 graphs |
| Publication: |
UK |
| Imprint: |
Routledge |
| Returns: |
Returnable |
|
|
|
 |
|
|
|
|
|
No Cheese, Please!
A fun picture book for children with food allergies - full of friendship and super-cute characters!Little Mo the mouse is having a birthday party.
|
My Brother Is a Superhero
Luke is massively annoyed about this, but when Zack is kidnapped by his arch-nemesis, Luke and his friends have only five days to find him and save the world...
|
|
|
|
|