Financing government deficit during economic downturn: options for consideration

Authors

O. Ajakaiye, African Center for Shared Development Capability, Ibadan

Publisher

Central Bank of Nigeria

Keywords

Economic downturn, Government deficit, Fiscal policy, Recession

Abstract

The author examines the efficacy of the conventional approach to financing budget deficit during economic downturn in Nigeria. He also considers other (unconventional) options for financing budget deficits during economic downturn in Nigeria.

Author Bio

Professor Olu Ajakaiye is of the African Centre for Shared Development Capability, Ibadan.

Publication Title

CBN Economic and Financial Review

Issue

4

Volume

53

Recommended Citation

Ajakaiye, O. (2015). Financing government deficit during economic downturn: options for consideration, CBN Economic and Financial Review. 53(4), 59-69.