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
Japan walking 'tightrope' on public debt as yields set to rise - Amari
7 News Yahoo - 7/24/2014 10:14:05 AM
Analysts warn that even a slight increase in bond yields would push the cost of financing Japan's public debt up to dangerous levels. The debt, double the size of Japan's economy, is the biggest among major industrialised countries. Abe's monetary and ...
How To Solve The Greek Public Debt Problem
Greek Reporter Greece - 7/16/2014 5:18:45 PM
Sovereign debt was reduced through the haircut of private bondholders, but remains large. Structural reforms were implemented in the labor market, and we wait for reforms in other sectors. Greece was successful in re-entering the world money markets after ...
Why Is the 2022 World Cup Being Held in a Country That Practices Modern-Day Slavery? | The Nation
The Nation - 7/23/2014 5:39:05 PM
But the 2022 World Cup in Qatar is being built in an even more unequal country, and there will likely be little public unrest, just vast expanses ... recruitment fees that put migrants in heavy debt. The report also recommends standardization and ...
The World's 5 Most Debt-Ridden Countries
The Motley Fool - 5/18/2013 6:10:38 PM
Among the largest 50 economies worldwide, here are the five ... but while that could help the country's lagging businesses, it won't help bring down its skyrocketing debt. With more public-sector job cuts on the table, unemployment at 18%, and GDP expected ...
Surprise! Puerto Rico’s Public Debt Is Far Larger Than Stated
panampost.com - 7/14/2014 11:54:50 PM
We must follow the pattern of other countries, where the crisis has been ... that the document reveals the island’s gigantic public debt. In that regard, he says that Puerto Rico is the “world champion” and outruns even the levels of Argentina ...
Countries Overloaded With Debt
CNBC - 10/28/2009 2:36:13 PM
"External debt is more worrisome and important than public debt, as public debt is generally ... A further breakdown of the country's external debt data, provided by the World Bank, shows that a significant proportion of the country's external debt is ...
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 ...
The Debt of Developing Countries: The Devastating Impacts of IMF-World Bank “Economic Medicine”
Global Research - 10/11/2013 5:26:20 PM
According to World Bank data, in 2010 alone, developing countries paid out $184 billion on debt service, about three times the annual resources required for the fulfillment of the MDGs. Even more troublesome, between 1985 and 2010 net public debt flows to ...
Forget Debt As A Percent Of GDP, It's Really Much Worse
Forbes - 7/12/2014 9:59:41 AM
the developed countries worldwide) for 2010. The data are a bit old, but that is actually the last year available for government tax revenue numbers. The debt figures are for central government debt held by the public (so the debt we owe to the Social ...
IMF-World Bank Publish Revised Guidelines for Public Debt Management
International Monetary Fund - 4/25/2014 6:05:54 PM
International Monetary Fund (IMF) and World Bank staffs have prepared and issued to the Executive Boards of both institutions the Revised Guidelines for Public Debt Management ... structural changes in many countries’ debt portfolios— in terms of ...
The 15 Countries That Are Buried Under The Most Debt
The Business Insider - 4/4/2011 6:49:17 PM
Debt outlook: French public debt is expected to rise as high as 86.9% of GDP in 2011 according to a report by HSBC. The country has implemented spending cuts, increased certain taxes and is raising the retirement age but if Eurozone countries require more ...
“Development Banks” Are Ruining the Philippines: Billions of Dollars Deeper in Debt with the World Bank and the Asian Development Bank
Global Research - 7/14/2014 11:54:50 PM
“Debt payments have drained the public purse resulting ... financing the destruction of the country’s natural resources, thus contributing to the Philippines’s vulnerability to the effects of climate change. The World Bank lobbied for the passage ...
Mugabe seeks $1.4billion World Bank reprieve
Bulawayo 24 - 7/25/2014 7:28:16 AM
Public servants have also recently not been receiving their salaries on time, with police and army officers being the worst affected. Phil Hay, the World Bank's spokesman ... Zimbabwe's interest in earning debt relief, and that the country's total debt ...
Eurozone debt rises sharply: Eurostat
Business Recorder - 7/22/2014 1:01:06 PM
BRUSSELS: Eurozean public debt -- the ... have been breached and total debt increased sharply during the crisis as governments borrowed even more to bolster their economies. The result is that total debt in the 18 eurozone countries rose to 93.9 percent ...
Looming Puerto Rico debt deadlines have investors nervous
Washington Post - 7/24/2014 4:33:29 PM
The public corporations that have incurred so much debt are a relic of the World War II era, when Gov ... Rico’s financial condition today with that of Southern European countries that have been forced to pursue bailouts over the last several years.