Limitations of Fiscal Policy | Fiscal Policy in Underdeveloped Countries | Part-5 | EK:)
Автор: Enlighten Knowledge
Загружено: 2024-04-07
Просмотров: 638
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Hello learners,
Welcome to my channel...
This lesson discuss the Limitations of Fiscal Policy
Following points are discussed:
Limitations of Fiscal Policy in Underdeveloped Countries
1) Lack of Elasticity
2) Non-monetised Sector
3) Inadequate Statistics
4) Illiteracy
5) Limited Scope
Limitations of Fiscal Policy
1) Lack of Accurate Forecasting
2) Delay of decisions
3) Conflicting Trends in Public and Private Sectors
4) Limitations of Fiscal Policy relating to full employment
5) Conflict between Social and other Economic Objective
6) Increase in public debt
7) Problems of Deficit Financing
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EK:)
#fiscalpolicy
#limitations
#underdevelopedcountries
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