Analyze the intertemporal burden of public debt and the internal versus external debt burden on future generations.

According to media reports, South Africa’s public debt has been rising to very high levels. Minister Enoch Godongwa has just been informed that you have learned about public debt and debt management and has therefore consulted you to advise the government as to whether the government should tax or borrow to finance spending and ultimately grow the economy

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Intertemporal burden of public debt The intertemporal burden of public debt is the burden that future generations will bear as a result of the current ... View the full answer