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Impacts of Government Borrowing

18 Lessons 46 mins

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Introduction to the Impacts of Government Borrowing

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The National Saving and Investment Identity

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What About Budget Surpluses and Trade Surpluses?

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4

Fiscal Policy, Investment, and Economic Growth

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Crowding Out Physical Capital Investment

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The Interest Rate Connection

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7

Public Investment in Physical Capital

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Public Investment in Human Capital

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9

How Fiscal Policy Can Improve Technology

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10

Summary of Fiscal Policy, Investment, and Economic Growth

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11

Key Concepts and Summary

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How Government Borrowing Affects Private Saving

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13

Key Concepts and Summary

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14

Fiscal Policy and the Trade Balance

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Twin Deficits?

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Budget Deficits and Exchange Rates

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17

From Budget Deficits to International Economic Crisis

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18

Using Fiscal Policy to Address Trade Imbalances

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