Economics, Econometrics and Finance
2 years ago

Government spending in Gambia fails to boost economic growth as expected.

Energy and Environment Research
The Impact of General Government Final Consumption Expenditure- Economics Growth nexus for the Gambia
Ebrima K. Ceesay, Cecilia Biagie, Lamin Bittaye

Paper Summary

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The study looked at how government spending affects economic growth in The Gambia from 1977 to 2017. Using statistical analysis, the researchers found that government consumption expenditure did not have a significant impact on economic growth in The Gambia. They suggest that focusing government spending on productive sectors like agriculture, industry, and services could help stimulate economic growth in the country.