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Infrastructure and Development in Nigeria: The Financing Implications of Budget Deficits for Economic ProductivityBy Amadi Alolote, Amadi Kelvin Chijioke
Abstract: A consensus of opinions from the scholarly literature reiterates that the major cause for the buildup of external and domestic debt, by low-developed Developed Countries (LDCs), is the financing burden arising from public expenditure, which is associated with fiscal deficit. In Nigeria, the provision of infrastructure, such as in the area of transportation via road construction, airways and waterways, via the financing of budget deficits, however, has implications for productivity. …
Published in NOLEGEIN Journal of Financial Planning And Management · Vol. 7, Issue 1, 2024 · pp. 105–116 Read article →