view by the Keynesian economics; instead, it is influenced by a households and sometimes behaves erratically, affecting production, employment, and inflation. Keynesian economists often argue that private sector decisions sometimes lead to inefficient macroeconomic outcomes which require active policy responses by the public sector, in particular, fiscal policies implement by the government and monetary policies implement by the central bank, in order to output stabilization and production over the
The purpose of fiscal is to stimulate the economic growth during recession, and keep the inflation low as possible. Another meaning being able to stable the economic growth. while avoiding the boom-bust cycle, which is the (recession phase). Continuing fiscal policy have two forms that we distinguish between they are either (contractionary , or expansionary) .And according to the article statement , the fiscal policy that should be used will be expansionary fiscal . (EFP) has taken a place
governed poverty is something To be ashamed of. In a country badly governed Wealth is something to be ashamed of” (Confucius, Chinese philosopher) Poverty is not only the cause also the result of mismanagement in resources of
Many fiscal and other measures should be taken to prevent weak governance which has a high affect on economic growth. Can we improve our economic growth by only stabilizing political situations and weak governance ? Stabilizing the political situations and controlling over weak governance can control the economic growth very much. Economic growth is related to the political stability and governance . Economic performance has been observed to worsen with weak governance and high inflation as well
Imoro Braimah and Dr. Owusu Amponsah on the “Causes and Effects of Frequent & Unannounced Electricity Blackouts on the operation of Micro & Small Scale Industries in Kumasi” (February, 2012) had as its objective, to examine the causes & effects of frequent & unannounced electricity blackouts on the operations of micro & small scale, industries in Kumasi, Ghana. The research collected primary
CHAPTER ONE GENERAL INTRODUCTION 1.1 BACKGROUND OF STUDY Nigeria, the most populous black nation in western Africa is popularly known for her dominant source of revenue, crude oil with oil revenue as the main stay of the Nigerian economy, volatility in the price of oil are to a large extent of prime interest to economist. According to Adeniyi et al (2004), exchange rate appreciate in response to rising oil prices and depreciates in response to falling oil prices in oil producing exporting
CHAPTER TWO LITERATURE REVIEW 2.0 Introduction Over the past decades, the urge to increase foreign aid’s effectiveness has motivated numerous empirical studies to identify why aid programmes succeeds or fails. These studies underpinned the donor community’s attempt in the late 1990s to reform aid delivery, shifting from predominantly stand-alone projects and conditionality- led stand- structural adjustment programs toward partnerships and mutual accountability (World Bank, 1998). Besides research
Introduction Propaganda remains a relatively unformed concepts despite the fact that it was defined by many scientists with different ways. This is reflected in the uncertainty and absence of agreement between several ways used to explain the phenomenon. But still some aspects of propaganda can be studied without unconditional agreement in political and other sciences. Propaganda in many cases is associated with a distortion of the truth and such expressions as ‘brainwash’, ‘lie’, ‘manipulation’