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Fiscal Policy (4/4): The changing nature of government debt

Fiscal Policy (4/4): The changing nature of government debt

Fiscal Policy is one of the main policy tools used by governments to try to smooth, albeit not entirely eliminate, business cycles. In the last video of his series on "Fiscal Policy", Tim explains us the effects of fiscal policies on deficits, the evolution of government debt. Further, he highlights the importance of coordination of Fiscal, Monetary and Regulatory Policies.

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