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Most countries grow their investments through public debt, whilst on other hand some find themselves drowning in excessive debts. This often triggers a question of how can public debt benefit investment and growth in the economy. Depending on the country context, public debt can either contribute positively or negatively to the growth and investment of the economy. However, when goes beyond a particular threshold, public debt then bodes pessimistic for broader economic prosperity.
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This page is a summary of: Can public debt stimulate public investment and economic growth in South Africa?, Cogent Economics & Finance, August 2018, Taylor & Francis,
DOI: 10.1080/23322039.2018.1516483.
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