This video will give a brief account of some of the problems that may be associated with fiscal policy. For example, it may be the case that fiscal intervention in the economy takes place at the wrong time, it may exacerbate an existing trend which may lead two even greater problems in the foreseeable future. There are also issues about the finance of fiscal projects, borrowing, the rate of interest, and the size of the public sector. The video will look into these and other issues and related issues. This is important in a macro-economic context.
This is one of several classes on this topic and will be dealt with more extensively in our live seminar sessions.
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