EDEXCEL IAL Topical Past Paper Unit 4

4.5.3 Public sector borrowing and public sector debt




section A

Section b

WEC14/01/Oct 20234

In 2021 it was estimated that a large proportion of the fiscal deficits in both Brazil and Suriname was structural.

To what extent is a structural fiscal deficit more serious than a cyclical fiscal deficit?
Refer to a developing country of your choice in your answer. [20. marks]