Analytical Evaluation of Fiscal and Monetary Policies in Macroeconomic Management in Tanzania

dc.contributor.authorMpanju, AK
dc.date.accessioned2022-05-17T08:40:04Z
dc.date.available2022-05-17T08:40:04Z
dc.date.issued2012-07
dc.description.abstractThis paper tries to analyze the relative effectiveness of monetary and fiscal policies on macroeconomic management and how they have influenced economic growth and development in Tanzania for the period 1990 to 2009. The essence of the study was to evaluate the trend of narrow money (M1), broad money (M2), government revenue, government expenditure, government budget deficits, and gross domestic product (GDP) growth rates. The study adopted a case study design with a quantitative research approach and it represents an econometric analysis using statistical package for social sciences (SPSS). The empirical analysis on basis of ordinary least squares method suggests that, there is moderate (positive) relationship between the variables (narrow money, broad money, government revenue receipts, and gross domestic product growth rates). This means that these variables have no big significant impact on the pattern of gross domestic product (GDP) growth rates. Also, the analysis suggests that budget deficits have moderate (negative) relationship with gross domestic product growth rates. Thus, the study finds no signified relationship between most of the components and we may conclude that fiscal policy and monetary policy does not exert a strong impact on economic activities in Tanzania.en_US
dc.identifier.issn2249 8826
dc.identifier.urihttps://repository.tia.ac.tz/handle/123456789/102
dc.language.isoenen_US
dc.publisherZENITH International Journal of Business Economics & Management Researchen_US
dc.relation.ispartofseriesVol.2;Issue 7
dc.subjectFiscal policy, monetary policy, macroeconomic management, and economic growth.en_US
dc.titleAnalytical Evaluation of Fiscal and Monetary Policies in Macroeconomic Management in Tanzaniaen_US
dc.typeArticleen_US

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