Accepted economic theory suggests that borrowing more in times of distress is a good way forward for governments to reinvigorate the economy. But is it? And how it should be spent efficiently?

Lau Zheng Zhou, Research Manager in the Economics and Business unit at the  Institute for Democracy and Economic Affairs or IDEAS, discusses.

Image credit: EPA-EFE

Produced by: Arleen Webber

Presented by: Khoo Hsu Chuang, Wong Shou Ning

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Tags:  debt ceiling,  money,  government,  spending,  economy,  Energy, Environment,  Financial Services,  Government/Regulatory/Policy Making,  Economy, Markets,  Politics, News, Current Affairs