|
|
The US Debt Ceiling Debate*
|
|
|
May 22nd 2023, Prabhat Patnaik
|
|
Under
pressure from globalised finance capital, most countries
of the world have enacted legislation fixing the size
of the fiscal deficit as a proportion of GDP; generally
it is 3 per cent, and in India it is 3 per cent for
the centre and 3 per cent for the states.
*
This article was originally published in the Peoples
Democracy on
May 21, 2023.
|
|
|
|
|
|
Click below
to get Adobe® Acrobat®
Reader®, a free
software that lets you view and print Adobe Portable
Document Format (PDF) files.
|
|
