期刊名称：International Journal of Economics & Management Sciences
电子版ISSN：2162-6359
出版年度：2012
卷号：2
期号：6
语种：English
出版社：OMICS International
摘要：This paper seeks to analyze the imperatives of Fiscal responsibility law. It draws some lessons from Brazil, situating these lessons in Nigeria. The paper explores some theoretical issues surrounding fiscal responsibility in an economy. Major features and similarities of the fiscal responsibility laws in Nigeria and Brazil are highlighted. Some of the fundamental flaws in Nigeria’s democracy that impede economic development as well as the imperatives of the fiscal responsibly law in Nigeria are analyzed. The paper concludes advisedly that strict adherence to the new fiscal policy law is bound to promote macroeconomic stability in Nigeria.
