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The macroeconomics of public sector deficits: a synthesis.

By: Easterly, Wiliam.
Material type: materialTypeLabelBookPublisher: Washington : World Bank, 1991Subject(s): Economic development | Inflation -- Developing countries -- Public sector. -- Inflation -- Developing countries -- Public sector. -- Inflation -- Developing countries -- Public sectorSummary: Ten case studies suggest that two unorthodox methods of deficit financing (inflation,tax and financial repression) are both ineffective in raising revenue and disruptive of macroeconomic stability.
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Ten case studies suggest that two unorthodox methods of deficit financing (inflation,tax and financial repression) are both ineffective in raising revenue and disruptive of macroeconomic stability.

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