Monetary Policy and Public Finance: An Aspect of Development

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Exploring the connection between financial development and economic growth, this work highlights how banking advancements drive entrepreneurial activities and resource allocation from traditional to modern sectors. The paper is structured into two sections: the first delves into monetary economics, addressing key topics like money supply, inflation, and central banking; the second focuses on public finance, examining tax systems, public debt, and budgetary concerns. Together, these sections provide a comprehensive analysis of economic dynamics and fiscal policies.