In recent years, the controlling and balancing fiscal and monetary policy has been a difficulty and major problem for many developing countries, this factor has been the source for many governments to loose the powers of ruling. Fiscal Policy - The power of the government to tax and spend in order to achieve its goals for the economy, a government's program with respect to (1) the purchase of goods, services and spending on transfer payments, and (2) the amount and type of taxes. When one considers the impact of taxes one must look at the sector of society being impacted by the tax hike. Monetary policy is concerned with how much money circulates in the economy and what that money is worth. By keeping inflation low, stable and predictable, the Central Bank contributes to solid economic performance and rising living standards for particular country. In the acceleration of globalization developing countries are facing some difficulties to measure the effects of currencies depreciations on their countries balance sheet and financing costs given the endogenous properties of the exchange rates. This book is for universities students.
"synopsis" may belong to another edition of this title.
Dr. Noordin Jella, Ph.D.: Studied Quantitative economics at Kharkov National Economic University (Ukraine Republic). Currently lecturer at Kampala International University - Dar es Salaam Branch. I worked also with Mzumbe University and The Open University of Tanzania before as a lecturer too. Dr. Jella was born and grew in Russia.
"About this title" may belong to another edition of this title.
(No Available Copies)