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Few countries have the scope to borrow much more.
Critics contend it will give the state more scope to borrow and spend ahead of elections in 2015.
(That looks good compared with many countries but Argentina lacks their scope to borrow in international markets).
Lower interest rates boost house prices which in turn encourage people to spend more by making them feel wealthier and giving them more scope to borrow.
The mayor also subscribes to a strong, cross-party consensus for councils to have more scope to borrow money to build council homes.
It should give local authorities more scope to borrow to start building again, and promote partnerships between medium and large housing associations to operate as key developers.
Similar(49)
She would also speak up for the benefits of immigration, seek greater scope for boroughs to borrow to build council homes, campaign against zero hours contracts and agency work, and speak up for trade union rights and freedoms.
Well, the lower the national debt at the time recession bites, the more scope there is to borrow to protect public services and increase benefits, to shield people from the pain of recession.
There is ample scope for European households to borrow more and save less without getting into America's current economic mess.Households' debt amounts to almost 90% of GDP in America, compared with only 50% in the euro area.
The Scottish Parliament will be given more scope to tax and borrow.
Evidence that inflationary pressures are weakening will give the Bank's policymakers more scope to lower borrowing costs.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com