Impact Of Public Expenditure Towards Economic Growth / Development (a Comparative Analysis Between Nigeria And Britain)

ABSTRACTThe impact of pubic expenditure in developing economy, a comparative study of Nigeria and Britain specifies a linear public expenditure functions. Public expenditure can be seen as the measures through which allocate efficiency or Pareto Optimality can be attained, it comes in the commanding heights of the economy and take all  major decisions for allocation of scarce economic resources efficiently and effectively. The government through its activities of levying taxes, undertaking expenditures on commodities, making direct money transfers to individuals and /or firms as well as t…