Financing government programmes in economic downturn: theoretical issues and perspectives

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Date

2015-12

Journal Title

Journal ISSN

Volume Title

Publisher

Central Bank of Nigeria, Research Department

Abstract

The purpose of this paper is to articulate the theoretical issues and perspectives which underscore the need for caution in financing government programmes whether in the recurrent outlay or capital programmes as individual financing modes have built in costs and risks that could inhibit the realisation of government objectives.

Description

Keywords

Government programmes, Economic downturn, Theoretical issues, Adjustment programmes, Macroeconomic stability, Foreign direct investment

Citation

Ekpo, H.A. (2015). Financing government programmes in economic downturn: theoretical issues and perspectives. CBN Economic and Financial Review. 53(4), 9-29.