Deficit Financing For Development And Its Inflationary Impact

Shu Chin Yang

Economics and Finance in Indonesia, 1959, vol. 10, 170-188

Abstract: Deficit financing for development is clearly not the only causal factor making for inflation. Obviously, a budget deficit may be incurred on account of large non-development expenditure — for example, defence expenditure — or from an unexpected decline in revenue. Moreover budgets aside, inflation may be caused by expansionary forces in the private sector or in the foreign trade sector.

Keywords: inflation; development; impact; finance; government (search for similar items in EconPapers)
Date: 1959
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