2018
DOI: 10.4172/2167-0234.1000325
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Fiscal Policy and Economic Growth in Tunisia

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“…An example is the ability of the government to obtain extra funding at a reasonable cost or rely on special drawing rights (SDR) from Bretton Wood institutions, where emerging countries can access funding at no cost. Similarly, governments could react to economic predicaments via a stimulus that is unleashed by the pandemic due to extra spending or borrowing that may spike inflationary pressures, affect foreign exchange reserves, as well as crowd out the private sector through over spending, which eventually hinders the rapid economic uptake (Abdullah et al 2019 ; Terzi and Anis 2018 ). Lending institutions equally have become sceptical about the government’s role in spending within their budgets, reversing stimulus plans once instituted, and in managing long-run structural imbalances resulting from feeble government financial position.…”
Section: Introductionmentioning
confidence: 99%
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“…An example is the ability of the government to obtain extra funding at a reasonable cost or rely on special drawing rights (SDR) from Bretton Wood institutions, where emerging countries can access funding at no cost. Similarly, governments could react to economic predicaments via a stimulus that is unleashed by the pandemic due to extra spending or borrowing that may spike inflationary pressures, affect foreign exchange reserves, as well as crowd out the private sector through over spending, which eventually hinders the rapid economic uptake (Abdullah et al 2019 ; Terzi and Anis 2018 ). Lending institutions equally have become sceptical about the government’s role in spending within their budgets, reversing stimulus plans once instituted, and in managing long-run structural imbalances resulting from feeble government financial position.…”
Section: Introductionmentioning
confidence: 99%
“…Fiscal debt and government debt ratio have grown substantially in many nations due to the effects of the economic crisis on the gross domestic product and tax revenues earnings plus the cost of fiscal reactions to economic predicaments, especially after COVID-19. Financial aid (during COVID-19) together with assurances to the financial and manufacturing segments of the economies have worsened the financial positions of governments (Terzi and Anis 2018 ). Several nations have the wherewithal to undertake reasonable fiscal imbalances for a long time by excluding domestic as well as international financial markets after COVID-19.…”
Section: Introductionmentioning
confidence: 99%