Definition: This entry records the cumulative total of all government borrowings less repayments that are denominated in a country's home currency. Public debt should not be confused with external debt, which reflects the foreign currency liabilities of both the private and public sector and must be financed out of foreign exchange earnings.
Source: CIA World Factbook - Unless otherwise noted, information in this page is accurate as of January 1, 2012See also: Public debt map
The debt dilemma
Today's Zaman - 4/19/2015 2:06:15 PM
Given this, the world needs to find both less credit-intensive ... A more effective approach would employ a broader range of tools, including debt restructuring. In some countries, sales of public assets and the levying of one-off wealth taxes would ...
Funding education like a Third-World country
Jackson Herald Today - 4/24/2015 2:57:35 PM
Many of our colleges are spending money like water, hiking tuition rates faster than inflation and building new infrastructure with massive amounts of debt. And the overall ... systems like a backward Third World country? Mike Buffington is co-publisher ...
Countries That Hate America the Most
Yahoo Finance - 4/21/2015 12:37:59 PM
with public debt as a percentage of GDP growing from 22% in 2008 to 63% in 2013. This may also have contributed to the poor approval rating, as countries suffering financially are less likely to look favorably on the wealthiest nation in the world ...
Countries are not like households
Financial Times - 4/24/2015 10:57:12 PM
unless taxes rise or great swathes of public spending cease to exist, Britain is broke.” Countries do not go broke, unless they cannot borrow. When will the majority of the western world’s elite realise that you cannot treat a country like a household?
Why public investment?
neurope.eu - 4/23/2015 6:37:42 AM
Europe, for its part, is constrained by excessive public debt and weak fiscal positions. In the emerging world, India and Brazil are just ... work to encourage public investment within member countries, while international financial institutions ...
Countries Overloaded With Debt
CNBC - 10/28/2009 10:40:00 AM
There are widespread calls inside and outside the United States to reduce the country's debt, fueled by fears ranging from the rising tide of inflation to the possibility that the dollar will lose its privileged position as the world's reserve currency.
Nation & World briefing
The Bulletin - 4/19/2015 7:03:55 AM
U.S. arms — As the Middle East descends into proxy wars, sectarian conflicts and battles against terrorist networks, countries in the ... with few public objections from Israel. Greek debt — World finance officials said Saturday they see a number ...
Togo’s taxi drivers left behind by growing economy
The Rakyat Post - 4/24/2015 8:31:03 AM
Some have college degrees and work multiple jobs but still take home as little as 1.50 euros (RM5.70) a day transporting passengers in the west African country that is gearing ... the GDP has doubled in 10 years and public debt has remained relatively ...
ANZ: Debunking China's Debt Conundrum
chinamoneynetwork.com - 4/22/2015 6:10:15 AM
Despite China's growing debt level and concerns of a credit bubble burst, the world's second largest economy has good ... that it may halt China’s economic convergence and plunge the country into a mid-income trap. But overall, with a strong commitment ...
We're Just Learning the True Cost of China's Debt
Bloomberg - 4/23/2015 9:36:39 AM
First an initial public ... debt in Asia amid government measures to prevent a property bubble. Developers already funneled $78.8 billion from international equity and bond markets into an industry that’s grown to account for one third of the world ...
Embrace fiscal discipline, IMF urges African oil exporting countries
The Nation - 4/19/2015 11:03:07 PM
Ms. Sayeh, who addressed the Africa Region reporters at the ongoing Spring Meetings of the World Bank and the IMF at ... development and avoiding an unsustainable public debt built-up.” Besides, she urged countries in the region seeking to raise funds ...
The 10 Countries With the Most Debt
US News and World Report - 1/27/2011 11:57:48 PM
[See the 10 states with the largest budget shortfalls.] While the United States total public debt is indeed the largest in the world, a broader context shows that other countries face even more dire debt situations. One way to put debt in perspective is to ...
Time for an adult discussion about America’s role in the world
The Morrow County Sentinel - 4/21/2015 1:35:15 PM
Presidential primary season is upon us, and handlers of candidates of both political parties will attempt to control how the public perceives them. It should be a time of great debate about the future of the country. Wage deflation, a national debt ...
Public investment keeps the 'spirit of improvement' alive in America
Sioux City Journal - 4/25/2015 5:02:16 AM
Talking about all of Washington's spending as if it were waste or assuming that private investment is always more productive than public investment ... not just how much debt we leave them but also how much we invest today in the world they will inherit.
World equities at all-time high after Nasdaq record
Yahoo News - 4/24/2015 8:38:12 AM
The MSCI All-Country World index hit a lifetime high of 441.1 points ... The prospect of a breakthrough in Greece's debt drama underpinned markets. "We give a low probability to a default event in the coming month and expect a (tentative) deal to be ...