Fiscal aspects of macroeconomic stability in Africa

Doctoral Thesis

2009

Permanent link to this Item
http://hdl.handle.net/11427/5719
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thesis_com_2009_obinyeluaku_mi.pdf (6.75 MB)
Authors
Obinyeluaku, Moses Ikechukwu
Supervisors
Viegi, Nicola
Journal Title
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Journal ISSN
Volume Title
Publisher
Publisher

University of Cape Town

Department
School of Economics
Faculty
Faculty of Commerce
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Abstract
This study analyses empirically the nature of fiscal and monetary policy interdependence and fiscal dynamics in africa. It also looks at the possibility of implementing viable fiscal policy rules and institutions that are consistent with economic and monetary stability and growth. The study starts off by looking at the way economists have framed the analysis of fiscal and monetary policy interdependence. While conventional theory holds that inflation is a onetary phenomenon, recently the Fiscal Theory of Price Determination (FTDP) has instead argued that inflation can be a fiscal phenomenon.
Description

Includes abstract.


Includes bibliographical references (leaves 116-128).

Keywords
Economics

Reference:

Obinyeluaku, M. 2009. Fiscal aspects of macroeconomic stability in Africa. University of Cape Town.

Collections
PhD / Doctoral