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What is Fiscal Deficit about?
This document summarizes a research paper that examines the impact of fiscal deficits on economic growth in Gambia between 1980 and 2009. The paper presents different perspectives on the relationship between fiscal deficits and economic growth. An empirical analysis was conducted that found fiscal deficits had a positive and significant impact on real economic growth in Gambia with a one year lag. This is because deficits in Gambia were used to finance infrastructure development during the study period. The
- Author
- Nikhil Chandra Shil
- Language
- EN