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International Journal for Research Trends and Innovation
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ISSN Approved Journal No: 2456-3315 | Impact factor: 8.14 | ESTD Year: 2016
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Issue: March 2026
Volume 11 | Issue 3
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Impact Factor : 8.14
Issue per Year : 12
Volume Published : 11
Issue Published : 118
Article Submitted : 21604
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| Paper Title: | Impact of fiscal policy and economic development in developing countries |
| Authors Name: | Rahul Kumar , Dr Rajendra Kumar |
| Download E-Certificate: | Download |
| Author Reg. ID: |
IJRTI_201422
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| Published Paper Id: | IJRTI2503160 |
| Published In: | Volume 10 Issue 3, March-2025 |
| DOI: | |
| Abstract: | Fiscal policy is vital in influencing economic development in developing nations by affecting government expenditure, taxation, and budget allocations. This paper investigates the effects of fiscal policy on economic growth, poverty alleviation, and income distribution. It analyzes how both expansionary and contractionary fiscal measures influence key macroeconomic indicators like GDP growth, inflation, and employment levels. The research also points out the difficulties encountered by developing countries, such as budget deficits, ineffective tax systems, and dependence on foreign debt. Evidence from empirical studies indicates that well-crafted fiscal policies that prioritize infrastructure investment, social welfare programs, and prudent debt management can substantially promote economic growth. Nonetheless, the success of fiscal policies is contingent upon the quality of institutions, governance, and macroeconomic stability. The paper concludes by stressing the necessity for policy reforms that bolster revenue generation, enhance the efficiency of public spending, and encourage inclusive growth in developing economies. |
| Keywords: | Impact of fiscal policy and economic development in developing countries |
| Cite Article: | " Impact of fiscal policy and economic development in developing countries", International Journal for Research Trends and Innovation (www.ijrti.org), ISSN:2455-2631, Vol.10, Issue 3, page no.b414-b423, March-2025, Available :http://www.ijrti.org/papers/IJRTI2503160.pdf |
| Downloads: | 000521 |
| ISSN: |
2456-3315 | IMPACT FACTOR: 8.14 Calculated By Google Scholar| ESTD YEAR: 2016 An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.14 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator |
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Published Paper ID: IJRTI2503160
Registration ID:201422
Published In: Volume 10 Issue 3, March-2025
DOI (Digital Object Identifier):
Page No: b414-b423 Country: -, -, India Research Area: Engineering Publisher : IJ Publication Published Paper URL : https://www.ijrti.org/viewpaperforall?paper=IJRTI2503160 Published Paper PDF: https://www.ijrti.org/papers/IJRTI2503160 |
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ISSN: 2456-3315
Impact Factor: 8.14 and ISSN APPROVED,
Journal Starting Year (ESTD) : 2016
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