Budget Deficit and Public Debt Management in Developing Countries

Adedokun Adeniyi Jimmy

Abstract


Most of the studies on budget deficit and investment nexus in developing countries have identified that budget deficit has negative impact on investment and growth. This paper in its scope seeks to dwell on the policy implications of the empirical findings. Thus, it focuses on possible reasons for the empirical findings, practical countermeasures to improve public debt governance and finally, how resistance to effective debt control can be overcome.

Keywords


Budget deficit; Investment; Developing countries; Public debt governance; Debt control

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References


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DOI: http://dx.doi.org/10.3968/5045

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