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Title Public Spending and Economic Growth in Developing Countries: a Synthesis
Authors Kouassi, K.B.
ORCID
Keywords державні видаткові витрати
расходы государственного правительства
National Government Expenditure
громадська економіка
общественная экономика
Public Economics
країни що розвиваються
развивающиеся страны
Developing countries
Type Article
Date of Issue 2018
URI http://essuir.sumdu.edu.ua/handle/123456789/69923
Publisher Sumy State University
License
Citation K.B. Kouassi. (2018). Public Spending and Economic Growth in Developing Countries: a Synthesis. Financial Markets, Institutions and Risks, 2(2), 22-30. DOI: 10.21272/fmir.2(2).22-30.2018
Abstract The purpose of this study is to critically analyze the theorical and empirical literature on the relationship between public expenditures and economic growth. This relationship has been source of controversy with liberal economists, Keynesians and proponents of endogenous growth. Liberal theories promoted selfregulating markets mechanisms. But these theories have also revealed the conditions of state intervention in the economy.
Appears in Collections: Financial Markets, Institutions and Risks (FMIR)

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