INSUBCONTINENT EXCLUSIVE:
potentially transformative strategy.This approach, diverging from traditional fiscal conservatism, raises critical questions about the
has fostered more stable conditions.This regional disparity underscores the risks associated with high national debt, particularly for
emerging economies.Globally, many countries in the Global South face similar challenges
Heavy borrowing often results in dependence on external funding and vulnerability to market changes.Nations like Sri Lanka and Lebanon
(Photo Internet reproduction)Critics of increasing national debt highlight the potential long-term economic damage.They point to the
likelihood of rising inflation, increased burdens on future generations, and reduced financial maneuverability.High debt levels can also
lead to decreased investor confidence and potential downgrades by credit rating agencies.However, there are alternatives to increasing
national debt.These include attracting foreign direct investment (FDI), fostering public-private partnerships, and improving internal
resource mobilization through efficient tax collection and spending reductions.These methods can provide sustainable funding without the
