International Association Of Economic And Business

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International Guest Lecture on "Debt and Economic Growth" by Prof. Ts. Dr. Shafinar Binti Ismail

Jakarta, August 10, 2024 – Prof. Ts. Dr. Shafinar Binti Ismail, President of the International Association of Economic and Business (IAEB), delivered an insightful International Guest Lecture titled "Debt and Economic Growth" on Saturday, August 10, 2024, at Amphitheater 405.

The lecture was attended by students, faculty members, and academics from various institutions, offering an in-depth analysis of the complex relationship between national debt and economic growth. Prof. Shafinar explored both theoretical frameworks and real-world examples, discussing how debt, when managed properly, can contribute to economic development, while also examining the risks of unsustainable debt levels.

In her presentation, Prof. Shafinar highlighted the challenges faced by many developing countries, especially in balancing borrowing for infrastructure and social development while avoiding long-term financial instability. "Debt, when utilized strategically, can act as a catalyst for growth, but it requires careful management and policies to ensure it does not become a burden on future generations," she stated.

The session was well-received, with participants engaging in thought-provoking discussions and debates about fiscal policies, global economic trends, and the role of debt in shaping economic strategies. The lecture provided valuable insights into the ways governments can leverage debt for growth while maintaining fiscal responsibility.

This event marked a significant contribution to academic dialogue on economic issues, further solidifying Prof. Shafinar Ismail’s role as a key thought leader in the field of economics and business.

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