National Repository of Grey Literature 2 records found  Search took 0.01 seconds. 
The impact of public debt on Ghana's economic growth
Ansah, Ebenezer Yaw
ABSTRACT IN ENGLISH Using the Ordinary Least Square Technique, the research investigated the impact of public debt on economic growth in Ghana from 1980 to 2022. The Augmented Dickey Fuller (ADF) technique was also employed in the study to assess time series data stationarity. The time series plot was used in the study to assess the patterns in public debt and economic growth. To examine the impact of public debt on economic growth, the Ordinary Least Squares Method was utilized. The research showed a significant negative relationship between public debt and economic growth (GDP) across the study period. This suggests that the Ghanaian economy's sluggish growth is primarily due to the government's huge amounts of debt. Internal revenues that could have been used to propel expansion and growth are diverted to debt servicing both internally and outside. This has a rippling effect on the economy, and it is a major issue that the country should be able to look at and devise inventive methods for generating revenues while reducing excessive government expenditure. Over the years, government of Ghana has maintained a budget deficit and had to borrow to pay the salary of public sector workers. This is due to a lack of adequate fiscal policy to regulate policymakers' operations and spending habits. The country is also not coming up with new ways to generate revenue.
Results of public budgets in the Czech republic between 1993 - 2009
Brejcha, Ludvík ; Ševčík, Miroslav (advisor) ; Řežábek, Pavel (referee)
This thesis examines the results of public budgets in the CR in the period 1993 to 2009. This is a hot topic, with the growth of public debt is becoming increasingly important. The aim of this work is a comprehensive analysis of public finances, specifically addressing issues of access to public deficit and reform public finances. The theoretical part is focused on defining the area being examined and the theory describing this area have their roots back more than sixty years ago in the USA. Although the idea is relatively old data, their content is still current. This is particularly important now that the growing indebtedness of many countries of the European Union, including the Czech Republic. The paper reviewed the current action by governments in the management of public finances. In the analytical part, I analyze using appropriate statistical data trends, correlations and patterns of past and current periods. Based on the trends observed and outline possible scenarios for future development. Reported research findings are interpreted in the form of text, supplemented by a series of graphic illustrations. Not forgetting the situation in the Czech Republic comparison with other developing countries of the European Union. The conclusion summarizes the findings and recommendations and outline likely future developments.

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