Author
Dr. Ananya Singh
Senior Lecturer, School of Public Policy, Delhi University, India
Abstract
This study examines the complex relationship between government fiscal policy, public debt, and macroeconomic stability in developing economies. Using panel data over two decades, the research evaluates both short-term and long-term effects of fiscal deficits and debt accumulation on inflation, exchange rate volatility, and economic growth.
Keywords
Fiscal Policy Public Debt Economic Stability Developing Economies
Introduction
Fiscal policy plays a central role in shaping macroeconomic outcomes, particularly in developing economies where government intervention is critical for growth and stability.
Conclusion
The study concludes that strategic fiscal planning, combined with sustainable debt management, is crucial for maintaining long-term economic stability in developing economies.
References
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