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portada Understanding Government Finance
Type
Physical Book
Publisher
Year
2016
Language
English
Pages
122
Format
Paperback
Dimensions
22.9x15.2x0.7 cm
Weight
0.17 kg.
ISBN13
9780994748058

Understanding Government Finance

Brian Romanchuk (Author) · Bondeconomics · Paperback

Understanding Government Finance - Romanchuk, Brian

New Book Imported to South Africa
Delivery: 22 Sep - 30 Sep Shipping: 6 to 7 business days.
R 241
R 241

Synopsis "Understanding Government Finance "

A government budget is not like a household budget. This report introduces the financial operations used by a central government with a free-floating currency, and explains how they differ from that of a household or corporation. The focus is on the types of constraints such a government faces.This report introduces a simplified framework for the monetary system, along with the operating procedures that are associated with it. Some of the complications seen in real-world government finance are then added onto this simplified framework.This report also acts as an introduction to some of the concepts used by Modern Monetary Theory, a school of thought within economics. Modern Monetary Theory emphasises the real limits of government action, as opposed to purely theoretical views about fiscal policy.

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