Citation
Vp. Prasanth et al., Liquidity leads to fiscal lethargy, ECON POLIT, 34(29), 1999, pp. 1971-1977
Categorie Soggetti
Politucal Science & public Administration
Journal title
ECONOMIC AND POLITICAL WEEKLY
ISSN journal
00129976
→ ACNP
Volume
34
Issue
29
Year of publication
1999
Pages
1971 - 1977
Database
ISI
SICI code
0012-9976(19990717)34:29<1971:LLTFL>2.0.ZU;2-M
Abstract
The abundance of liquidity has meant that many public sector undertakings a
nd even municipalities have been seeking funds from the banks without attem
pting to mobilise revenues and observe financial discipline. This may event
ually give rise to strains in the fiscal as well as the financial sectors.