Aims: This study examines whether the long-run relationship between fiscal and current deficits follows the tenets of twin-deficits, the Ricardian equivalence, the current account targeting, or the feedback linkages. It further reviews the effects of fiscal and current account de...
Open access
Research Article10.9734/jemt/2021/v27i830360
Aims: The paper attempts to examine the effects of primary budget deficits on economic growth. It reviews the nature and direction of causality between primary budget deficit and economic growth. In the recent years, these have been debated both in developed and developing countr...
Open access
Research Article10.9734/jemt/2021/v27i530344