1 For all the talk of sovereignty, countries and their governments are not omnipotent. They have limitations just like the citizens that compose them. Much like its citizens, a country will face pressures in paying all of its bills on time and in creating wealth through sound investments. Much of this is handled by fiscal policy, which is the discipline of what government revenues to collect, who to collect them from, and how to spend them. However much like an individual living day-to-day from a salary, fiscal policy has its limitations in that a government that...
Users without a subscription are not able to see the full
to access all content.