After reading this article you will learn about the burden of public debt. Burden of public debt is a misleading and highly confused concept. The 1930's and 1940's witnessed an array of debate over the issue of debt burden. The focus of debate was between those who feared that the creation of debt in course of deficit finance would burden [...]
This article throws light upon the nine leading issues in debt management. Some of the issues are: 1. Optimal Maturity Structure 2. Low Interest Obligation 3. Preference Pattern of Investors 4. The Issue of Debt Monetization 5. Maintenance of Interest Rate 6. Public Debt as an Instrument of Economic Stability 7. Debt Management and Need for an Appropriate Policy Mix [...]
After reading this article you will learn about the arguments in favour and against capital levy. Arguments in Favour of Capital Levy: Usually the following arguments are put forward justifying capital levy: 1. During the war, the poor sections of the community suffer more in terms of risking their lives by joining the defence force and out of inflationary situation [...]