Overview

Public spending is an important policy tool of fiscal policy. This book empirically examines whether government expenditure – both capital and revenue – and governance indicators maintain any dynamic relationships with social sector developments. The book addresses critical themes in contemporary macroeconomics, including the ongoing debate between monetarist and Keynesian schools regarding inflation drivers, the role of government expenditure and money supply in promoting economic growth, social sustainability, and the emerging importance of environmental sustainability in policy formulation. It explores how good governance practices, particularly corruption control, influence the effectiveness of fiscal and monetary policies, while examining the delicate balance between economic expansion and environmental conservation through green financing and sustainable development initiatives. The book will be useful to students and researchers of economics, political science, sociology, administrative sciences, international relations, and the policymakers in the fiscal and monetary sectors of a country.

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9781041026051

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Ramesh Chandra Das, PhD, is currently a Professor at the Department of Economics of Vidyasagar University in the state of West Bengal, India, with more than 25 years of teaching and research experience. His main areas of research lie in theoretical and applied macroeconomics, financial economics, environmental economics, and political economics. He has contributed several research papers to national and international journals of repute along with more than a dozen edited volumes in the related areas of the subject. Besides, he has written textbooks on microeconomics, macroeconomics, and managerial economics with internationally reputed publishers for different fields of readers and academicians and has been acting as the editor-in-chief in a couple of refereed journals.

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