Effects of Fiscal Policy on Growth - Fongod, Sema
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This study aims to highlight that taxes - especially distortionary taxes - have a negative impact on the GDP growth prospects of a country. Pertaining to fiscal financing, government spending on human capital-enhancing sectors such as education, health or social protection have a weak impact on GDP growth whilst government spending on physical capital-enhancing sectors such as construction and transport & communication. This hypothesis is backed by data from 60 countries over the period 1980-2011, with references from transcendent academia. Further research over an even larger sample size is encouraged for a more consolidated and updated analysis.…mehr

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Produktbeschreibung
This study aims to highlight that taxes - especially distortionary taxes - have a negative impact on the GDP growth prospects of a country. Pertaining to fiscal financing, government spending on human capital-enhancing sectors such as education, health or social protection have a weak impact on GDP growth whilst government spending on physical capital-enhancing sectors such as construction and transport & communication. This hypothesis is backed by data from 60 countries over the period 1980-2011, with references from transcendent academia. Further research over an even larger sample size is encouraged for a more consolidated and updated analysis.
Autorenporträt
Sema Fongod es una empresaria, economista, filántropa. Un renombrado gurú de las ventas corporativas en el sector de la tecnología financiera y se ha asociado con una miríada de clientes de Fortune 1000 a nivel mundial, así como con los principales bancos mundiales. Un ávido aprendiz con aspiraciones políticas futuras en un gobierno con objetivos de desarrollo fiscal y monetario sostenibles.