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Deficit Financing For Development And Its Inflationary Impact

Author

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  • Shu Chin Yang

Abstract

Deficit financing for development is clearly not the only causal factor making for inflation. Obviously, a budget deficit may be incurred on account of large non-development expenditure — for example, defence expenditure — or from an unexpected decline in revenue. Moreover budgets aside, inflation may be caused by expansionary forces in the private sector or in the foreign trade sector.

Suggested Citation

  • Shu Chin Yang, 1959. "Deficit Financing For Development And Its Inflationary Impact," Economics and Finance in Indonesia, Faculty of Economics and Business, University of Indonesia, vol. 10, pages 170-188.
    • Handle: RePEc:lpe:efijnl:195908
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