International records / OpenAlex research

Deficit Financing and Its Inflationary Impact on Developing Economies : Nigerian Economy in Perspective

IntroductionBudget deficit is a situation where total expenditure exceeds the revenue for a given period. When a deficit is involved, it is important to find remedy for financing such deficits so as to eradicate the negative effects. The growth and persistence of developing countries in recent times has brought the issues of fiscal deficits into sharp focus. The issues surrounding fiscal deficits are certainly not new, but the economic development of the past decade developing the interest in fiscal policy issues. In the developing countries including Nigeria fiscal deficits have been blamed f…