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Explain and discuss why governments care about budget deficits and public debt fiscal policy involves government expenditure on law and order. Public debt and growth manmohan s kumar and jaejoon woo wp/10/174. With the basic understanding of public debt, what it comprises of and how it is managed and why does the government resort to public borrowing various. 1 debt management objectives and coordination 11 objectives the main objective of public debt management is to ensure that the government s financing.
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This is a sample essay on causes of public debt in developing countries find more essays and other academic papers for colleges/universities on this blog. Public debt indicates the amount of outstanding debt instruments that are issued by the government anytime during the past but not yet repaid (seater.
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