When in Doubt, Borrow
Lau Zheng Zhou, Research Manager in the Economics and Business Unit, IDEAS
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
Produced by: Arleen Webber
Presented by: Khoo Hsu Chuang, Wong Shou Ning
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