Populist Scheme
topic on 1 show · 1 statements across 1 episodes
1 statements about Populist Scheme, every show
Subbarao: Borrowing for Populist Schemes Harms Fiscal Stability
“Government must, when it borrows, it must be sure that it is able to repay by using that money in a way that generates an income stream. On the other hand, if you borrow money and spend it on a populist scheme, Then that is used for what economists call curren…”