Economic literature indicates that governments utilize sovereign debt strategically as a fiscal tool to fund productive investments, manage economic shocks, and adjust budgets in response to long-term growth expectations.
The claim is specific and empirical regarding the strategic economic utility of sovereign debt for governments. Papers 1 and 7 explicitly discuss how governments use sovereign debt and borrowing to optimize fiscal policy, fund productive activities, and respond to growth expectations, supporting the claim. The remaining papers discuss different aspects such as debt management, default risks, or development challenges without refuting the basic premise that debt can serve a strategic economic function.