Search results for keyword: deficits
Modern Quantity Theory of Money
Modern Money Theory
Modern Money Theory, also referred as ‘MMT’, is a school of economic thought that focuses on understanding the ways money is created and used in the modern macroeconomy. The theory explains the relationship between government, central banks, commercial banks, and people with......
05/07/2023 
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Sophia
General acceptance of debt
Debt financing is a financial instrument that allows businesses to borrow capital from lenders. Debt financing includes secured debt financing, unsecured debt financing, bank loans, and private placements.
Secured debt financing is a loan that is secured by collateral, such as real estate or equi......
bond yield
Bond yields are an incredibly important indicator of an economys performance and the financial health of individuals. The yield on a bond is the return that an investor can expect to receive in exchange for his or her investment. The higher the yield, the higher the return. These returns can be at......
credit balance
The Difference Between Credit Receipts and Expenditure
In the world economy, credit is an essential component that allows people to make purchases and investments, allowing them to enjoy a higher standard of living. Although there are many benefits to the use of credit, it is important to unders......
neutral fiscal policy
Neutral Fiscal Policy
Fiscal policy is an economic policy that involves analysis and selective application of government expenditure and taxation to influence and stabilize an economy. Neutral fiscal policy is when fiscal policy is in line with nominal GDP, which means that it neither calls for e......
cyclical deficit
Cyclical deficits: An Overview
deficits occur when a government’s expenditures exceed its revenue for a given period of time. In a business cycle, an economy goes through various phases: expansion, peak, contraction, and trough (or recovery). When the economy is in a period of expansion, governm......
Taiwan developed index
Taiwan Development Index
Taiwan is a small island country located off the southeast coast of mainland China. Despite its small size, Taiwan has been able to make impressive economic strides in recent years. This has been due in part to Taiwan utilizing a variety of economic measures that have hel......
Balance of payments income imbalance
International income imbalance
Introduction
The global economic landscape is constantly changing due to the rapid advancement of technology, globalisation and liberal trade policies. With this ever changing landscape comes a more interconnected and interdependent world, in which countries rely h......
Welfare Economic Theory
Welfare Economy Theory
Welfare economy theory is a social science field of study which focuses on the effects of economic activity on welfare. The approach has evolved from neoclassical welfare economics, which is a normative welfare economics focused on the wellbeing of the individual.
Welfare ......
Treasury Single Account
National Single Account
The National Single Account (NSA) is an accounting method used by governments to track income, expenditure, and balances in a consistent manner. NSA systems were introduced as part of the economic reforms of the 1980s and 1990s in many countries worldwide and are particula......
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