Economics-Is it possible in the analysis to distinguish between borrowing for investment and borrowing for consumption which it comes to debt sustainability (though borrowing for investment is no use if the investment projects do not pay off)?

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Public debt and economic growth •

Is it possible in the analysis to distinguish between borrowing for investment and borrowing for consumption which it comes to debt sustainability (though borrowing for investment is no use if the investment projects do not pay off)?

It is important to determine the extent to which debt forgiveness has had an effect on actual debt. •

Also, to consider, if only briefly, whether the Modern Monetary Theory advocates are right in claiming that we should not worry if a country borrows money in their own currency.

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