Aware of the nature deficits in current account, fiscal and financial account balances countries sub-Saharan Africa (SSA) region, this inquiry assessed relationship between these implication such for African Continental Free Trade Area (AfCFTA). To do this, study adopted panel data analysis techniques using pooled mean group-autoregressive distributed lag (PMG-ARDL) specifications to test tripl...

Fiscal health is an abstract fiscal condition which cannot be directly observed and measured accurately. Local governments in Indonesia have the authority as a result of regional autonomy to regulate manage budgets. However, not all regions are able utilize this properly. The purpose article see how healthy budgeting practices one Indonesia, case, Mojokerto Regency. method used qualitative with...

Eurozone has grouped 18 countries in the European area, with different tax systems and thus, on the background of a common monetary policy numerous decisions and commitments for fiscal harmonization were adopted. Unfortunately, the realities did not carried into effect the ambitions assumed, different fiscal sovereignties have perpetuated their coexistence within the well-known frames, insuffic...

Long- and short-run current account balance (CAB) determinants of the nineteen Eurozone (EZ) member states vis-a-vis United States (US) are examined. Particularly, competitiveness EZ vs US, relationship between deficit budget (twin deficit), other factors determining studied. Quarterly data was used in a sample with US as trading partner over period 2008 - 2018. It is found that CAB long run ha...

We analyse the implications of optimal taxation for the stochastic behaviour of debt. We show that when a government pursues an optimal fiscal policy under complete markets, the value of debt has the same or less persistence than other variables in the economy and it declines in response to shocks that cause the deficit to increase. By contrast, under incomplete markets debt shows more persiste...

Using time series data from Pakistan 1973 to 2021, this research examines the effect of exchange-rate, fiscal deficits, foreign direct investment and economic expansion on debt. The auto regressive distributed lag model is used in look into co-integration analysis variables their existence. study confirms positive significant relationship exist among rate exchange, investment, deficit, growth, ...

Deficit financing occasioned by low domestic savings and capital formation, have characterised the Nigerian economy since 1970s with attendant increase in inflation. Empirical studies on Nigeria shown that deficit directly affects inflation formation when examined independently. However, little attention has been paid to a simultaneous investigation of direct indirect effects components for Nig...