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the policies of funding governmental Deficit in iraq | ||
| Economic Sciences | ||
| Article 1, Volume 5, Issue 18, 2008, Pages 25-46 PDF (0 K) | ||
| Author | ||
| Hussein Jawad Kazem | ||
| Abstract | ||
| Abstract Most Governments tend heavily to borrow in order to fund its operations. The economic impacts, which rise from such case, differ according to the source of the debt. The dangers of such case appear, when the rate of debt has been left to increase in relative to the output by time. Therefore, such problem appeared in Iraq Through the 1990's. That is because dependence up on the debts by the monetary Authorities as an only fund for the Governmental operations laid to increase of money supply in a rate exceeded the real product efficiency of the economy. This, of course leaves a surplus in demand which lead to increase the inflation ratios, version in exchange rates of currency and economics balance as a whole. | ||
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