This article empirically examines the fiscal policy elements affecting economic growth in 27 European countries and Switzerland (Without the United Kingdom). The research objective is to estimate the impact of macroeconomic variables such as tax revenue, government expenditure and public debt on...

Fiscal transfer development across the world today has been in part driven by assertions of a supposed ‘economic dividend’ linked with the devolved financial spending. There is, however, little empirical evidence to validate these assertions in Kenya. It is against this background that this...

Domestic savings is a vital source of investment funds, especially for developing economies. It is thus essentialthat internal savings capacity in these economies is increased to enhance investment financing and economicgrowth. Since increased reliance on external capital flows can result in...