External economic dependence and Fiscal policy imbalances in developing countries: A case study of Jordan
构建模型分析发展中国家公共资本支出、对外贸易和外国援助对财政的影响，以约旦为例发现公共投资加剧财政失衡，而外部因素有正面财政效应。
In this paper a model is developed to determine the fiscal impact of three sets of factors in a less developed country setting: large‐scale public sector capital outlays, foreign trade, and foreign aid. It was found that, in the Jordanian case, the first of these three factors adds more to current expenditures than to domestic revenues indicating a fiscal imbalance, while the two external factors have positive net fiscal effects. Based on these results important trade‐offs between the growth of public sector investment and future external dependence are also derived.