최신자료
Public Financing and Investment - NIESR
In this box we discuss the supply of public debt. Firstly, we review the public finance and monetary environments and evaluate the associated risks. Then, we connect public finance to the supply and demand for UK investments, focusing on the risks associated with financing operating expenditure with debt.
We conclude that this further weakens the already fragile position of the public finances, undermines the credibility of the UK government as a borrower and has a negative effect on private non-financial investment. Finally, we suggest policy changes that can help strengthen macroeconomic stability and overcome the weaknesses highlighted in our analysis.
We conclude that this further weakens the already fragile position of the public finances, undermines the credibility of the UK government as a borrower and has a negative effect on private non-financial investment. Finally, we suggest policy changes that can help strengthen macroeconomic stability and overcome the weaknesses highlighted in our analysis.
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