Submission Questions

Encouraging Sustainable Economic Growth Without Increasing Government Debt Innovative and strategic approaches could help achieve economic growth without much government spending. Public-Private Partnerships (PPPs) are critical because they use private sector capital and expertise to help give that public nature to public projects. They reduce the immediate financial strain on the government budget while fostering infrastructure and service expansion, enhancing productivity (Cea, 2014, Unit 16). Besides, technology investments, supported by efficient credit markets, boost productivity, attract private capital, and create high-value jobs (Cea, 2014, Units 10 and 16). By creating a conducive environment for innovation, governments can enable technological advancements that drive productivity, reduce costs, and increase overall economic output (Broughel & Thierer, 2019). Technological development attracts investment and creates high-value jobs, driving GDP growth organically. Moreover, encouraging entrepreneurship can result in sustainable economic growth. Many start-ups and small businesses ...