Accepted economic theory suggests that borrowing more in times of distress is a good way forward for governments to reinvigorate the economy. But is it? And how it should be spent efficiently?

Lau Zheng Zhou, Research Manager in the Economics and Business unit at the  Institute for Democracy and Economic Affairs or IDEAS, discusses.



Image credit: EPA-EFE

Accepted economic theory suggests that borrowing more in times of distress is a good way forward for governments to reinvigorate the economy.&nbsp;But is it? And how it should be spent efficiently?
Lau Zheng Zhou, Research Manager in the Economics and Business unit at the&nbsp; Institute for Democracy and Economic Affairs or IDEAS, discusses.

Image credit: EPA-EFE

Opinion and analysis of today’s international and local news that matter to Malaysians. Everything you need to know to start and plan your work.

Opinion and analysis of today&rsquo;s international and local news that matter to Malaysians. Everything you need to know to start and plan your work.

Advertisement