AN EMPIRICAL ANALYSIS OF FISCAL IMBALANCES AND INFLATION
Sold By: Joe Project Store | Item Type: Project Material | Report this? | Attributes: 65 pages | 1-5 chapters | Amount: ₦5,000 | Marked useful: 3,725 times
Delivery: Within 24 hoursABSTRACT
Inflation is generally associated with monetary expansion. Pakistan’s experience is not different from other countries. As a matter of fact, rise in general price level can be mapped on growth of money supply. Although immediate cause of inflation is associated with money growth, developments in monetary stance are indicative of other sectors of the economy. In Pakistan, it is generally argued that fiscal imbalances might have played an important role in explaining price fluctuation. During the 90s, critical task faced by the State Bank of Pakistan (SBP) was to contain inflation within the targeted level and ensure macroeconomic stability. During the years FY98 to FY03, the overall inflation averaged 4.6 percent, which is indicative of relative price stability in the country. Earlier, during FY73-FY80, rate of inflation remained high at an average of 14.3 percent. During 1980s the economy experienced a comparatively moderate rate of inflation averaged at 7.2 percent per annum. But in the 90s it increased again having an average of around 10 percent per annum. In fact, fiscal sector indicators also moved in the same direction during the sub-periods mentioned earlier. Intuitively, fluctuation in price is attributable to real sector developments, money creation, and fiscal and external sector. In Pakistan, it is argued that main causes behind high rate of inflation could be large monetary expansion, fiscal imbalances, sources of financing deficits, economic growth and exchange rate depreciation.
This material content is developed to serve as a GUIDE for students to conduct academic research
Delivery: Within 24 hours
Advertise Here
Not what you were looking for? Perform a search
What's your project topic?
Comment on Facebook:
Related Project Materials
- 1.
THE ADOPTION INFORMATION TECHNOLOGY AND THE IMPROVEMENT OF
CUSTOMER SATISFACTION OF SELECTED BANKS IN JOS PLATEAU STATE CHAPTER ONE INTRODUCTION 1.1 Background Of The Study All banks operating in Nigeria mu...More »
Item Type: Project Material | 54 pages | 2,429 engagements |
- 2.
THE IMPACT OF FEDERAL STUDENT LOAN INTEREST RATES ON BORROWER REPAYMENT BEHAVIOR IN NIGERIA
CHAPTER ONE INTRODUCTION Background of the study Student loans have become a crucial element of worldwide higher education finance. In the last ten...More »
Item Type: Project Material | 54 pages | 1,323 engagements |
- 3.
FINANCIAL TECHNOLOGY (FINTECH)AND CUSTOMER SATISFACTION IN NIGERIA. (A CASE STUDY OF OPAY)
CHAPTER ONE INTRODUCTION 1.1 Background of the study Globally, technology has permeated every facet of our lives, encompassing social interactions, ed...More »
Item Type: Project Material | 54 pages | 930 engagements |
- 4.
AN ASSESSMENT OF THE EFFECTS OF MULTIPLE BANK CHARGES ON THE CUSTOMER'S BANKING DECISION
CHAPTER ONE INTRODUCTION Background of the Study The selection of a banking institution may be impacted by various factors. Cost may or may not be the...More »
Item Type: Project Material | 54 pages | 1,276 engagements |
- 5.
MULTIPLE BANK CHARGES: ASSESSING ITS IMPLICATIONS ON THE GROWTH OF SMES IN NIGERIA
CHAPTER ONE INTRODUCTION Background of the Study The inception of the banking sector in Nigeria dates back to 1892 when the First Bank of Nigeria P...More »
Item Type: Project Material | 54 pages | 1,447 engagements |
- 6.
AN EXAMINATION OF THE INFLUENCE OF MULTIPLE BANK CHARGES ON CUSTOMER BEHAVIOR
CHAPTER ONE INTRODUCTION Background of the Study A stable banking industry is crucial for the development and stabilization of a country's economy,...More »
Item Type: Project Material | 54 pages | 5,027 engagements |