Debate - Should inflation be kept at an reasonable rate at the expense of growth?    The days of cheap mortgage deals or interest free loans may look like long gone. The prolonged low interest rate led to growth of unsustainable credit boom, leading to higher inflation. When the interest rates were increased, it led to collapse of the housing market and the interest rates are back to near zero levels. The unemployment is still very high for the comfort of governments. Is slightly higher inflation better than lower growth or should inflation be kept to a reasonable rate at the expense of growth?

Debate - Should valuation of environment be a part of measurement of economic growth?    Should valuation of environment be a part of measurement of economic growth? Is Green GNP a necessity in the modern world? While India and China, the two major economies growing at a rapid rate has helped millions to come out of poverty, it has also impacted the environment in a big way. Mega power plants emitting ash into the environment, thousands of new factories are being built every year, millions of new cars on the road, thousands of miles of new roads on forest and farm land. Is sustainable GDP growth the only way forward?

Debate - Is increased government spending the only way out of recession?    When the economy goes into recession, thousands of people lose their jobs and also corporate profits decline. This reduces both the income tax and corporation tax flow to the government. Because of high unemployment, there is increased use of government programs such as social security benefits. In this given situation, is it prudent for governments to increase their spending causing the deficit to spiral, thereby affecting the sovereign debt rating, and in turn causing further damage to the economy? Should not monetary policy actions such as quantitative easing, increased business lending, and reducing the interest rates be enough to stimulate the economy? Or is increased government spending the only way out of a recession?