Fairness of the debt burden among the present generation and future generations
As analyzed above, through ICOR, we find that public debt efficiency and effectiveness of the investment project was very low. Vietnam borrowing for investment and economic development - social, but low efficiency of investment recovery led to repayment sources in the future from this project is low and limited. Loans and current expenditure of the government does not make efficient revenue sources in the future; they increase pressure on the new deficit. Consequently, future generations will have to bear a higher debt burden the current generation. In short, intergenerational fairness of Vietnam's debt burden is considered low.
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