This short animated film offers a number of answers to these topical questions/issues and gives/provides us with a foundation/fundamental basis to/for participating/take(ing) part in the public discussions/debate on State expenditure, receipts/revenues, spending/expenses, deficits and public debt.
Source: Banque de France – Cité de l’économie et de la monnaie
Objective: Understand the role of State in the economy and the financial constraints that it faces. The film first reviews the main components of the State budget, in the broadest sense. It then presents the available levers /of State when economic activity starts to slow down/decelerate. The problems posed by an excessive public debt and the main theoretical approaches on this subject are finally discussed.
Published on 4 November 2015.