Author : Mr.James P. F. Gordon
Publisher : International Monetary Fund
ISBN 13 : 1451979339
Total Pages : 16 pages
Book Rating : 4.36/5 ( download)
Book Synopsis The Effect of Increasing Government Employment on Growth by : Mr.James P. F. Gordon
Download or read book The Effect of Increasing Government Employment on Growth written by Mr.James P. F. Gordon and published by International Monetary Fund. This book was released on 1997-03-01 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt: In contrast to the experience in industrial countries, government sectors in a number of African countries grew rapidly in relative size through the 1980s and early 1990s, implying a differential between measured GDP growth and growth of private sector activity. In these countries, the government sector was also an important source of employment growth. Leaving aside issues of crowding out, boosting growth in this way raises questions of fiscal sustainability. It also urges caution in interpreting growth performance.