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This chapter explores the impact of government debt and budget deficits, offering strategies to effectively manage public finances for sustainable economic growth. From understanding the dynamics of debt to implementing policies for fiscal stability, the chapter provides insights into maintaining balanced budgets and reducing dependency on borrowing. Learn about the implications of debt accumulation on financial markets, inflation, and economic stability, and discover best practices to address budget deficits. Explore case studies and analyses to navigate the complexities of public debt management and foster fiscal responsibility in policymaking.
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