Deficit financing in developing countries: Application and consequences

Zubair Hasan

MPRA Paper from University Library of Munich, Germany

Abstract: This article discusses briefly various aspects and forms of deficit financing in modern economies. It deals with deficit financing (i) within countries and (ii) between the member countries of the International Monetary Fund (IMF} and that institution as aid provider to a member in difficulty. In (i) it focuses mainly on the use of deficit financing as an instrument to part fund development and its consequences. In (ii) it sees deficit financing on a global scale, explains IMF conditionality and the sort of programs it envisaged the aid seeking members to follow; it presents illustration and critique of these programs. In conclusion it contains some observations including a few policy suggestions

Keywords: Deficit financing, Economic development; IMF conditionality; Arms race; Environment (search for similar items in EconPapers)
JEL-codes: H5 H6 H63 N1 N25 O2 (search for similar items in EconPapers)
Date: 2018
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Related works:
Working Paper: Deficit financing in developing countries: Applications and consequences (2019)
Working Paper: Deficit financing in developing countries: Applications and consequences (2019)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:89654

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