FISCAL SUSTAINABILITY: Theories, Practice and Policies
- Akpan H. Ekpo
- ( paper pages. 193 - 211 )
Abstract
We examine the
concept of fiscal sustainability as well as the various approaches within the
context of fiscal policy. It is evident that no matter the various approaches
to fiscal/debt sustainability, an economy must generate enough surplus to have
a robust fiscal policy. The stylized facts show that the Nigerian economy is
characterized by persistent fiscal deficits over the years. Managers of the economy must consider the
intergenerational effect of fiscal sustainability,
notwithstanding the economy’s ability to service its debt
Citation
Akpan H. Ekpo.
2023.
"FISCAL SUSTAINABILITY: Theories, Practice and Policies"
The Nigerian Journal of Economic and Social Studies,
65 (2): 193 - 211.
JEL Classification
H3, H6, H72
