مجلة اقتصاد المال و الأعمال
Volume 7, Numéro 3, Pages 143-156
2023-09-30

Fiscal Policy And Economic Balance In Libya

Authors : Sowan Ali Selem .

Abstract

The aim of this research is to investigate the impact of fiscal policy on the internal and external economic balance in the Libyan economy during the period 1990-2020.To achieve this goal, the research employed the developed ARDL model.The most important results of the research indicated that there is a negative relationship between the fiscal policy index represented by public spending and the two general economic balance indicators represented by the price level represented by the consumer price index as a representative of the internal economic balance in Libya, and the trade balance index used as a representative of the external economic balance in the Libyan economy.

Keywords

Fiscal policy ; internal economic balance ; external economic balance ; Libyan economy