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's Public Debt Problem Will Have Global Implications
Seeking Alpha - 9/30/2014 3:41:28 PM
Turmoil in other public debt markets, especially in countries with high public and total debt levels ... such as looking at the historic direct stimulus work of the BoJ after World War II (for people interested in more details, please refer to the work ...
Cancel developing countries' debt in exchange for climate change action
theguardian.com - 9/27/2014 2:08:59 AM
and the rich world should pay reparations to help countries deal with the damage they have caused.” Debt relief could also make it easier to scale-up public finance for climate change at a time when developed countries are implementing austerity cuts.
Spain says public debt to top 100 percent of GDP in 2015
Business Recorder - 9/30/2014 5:07:22 PM
MADRID: Spain's public debt ratio will top the symbolic level ... The eurozone's fourth-biggest economy is set to end the year with a debt ratio equal to 97.6 percent of the country's gross domestic product (GDP), the proposal handed to parliament predicted.
World economy: in denial over debt
opinion.publicfinanceinternational.org - 9/30/2014 11:30:55 AM
Global debt-to-GDP ... of the public sector – including their central banks. As a consequence, deleveraging the central banks will be a primary policy challenge for the foreseeable future. While debt levels are rising, the world is seeing a poisonous ...
Record debt coupled with slow growth point to economic crisis, Geneva Report says
Catholic Online - 9/30/2014 6:18:57 PM
The Geneva Report says the rapid rise of public sector debt in rich countries and private debt in emerging markets ... "Contrary to widely held beliefs, the world has not yet begun to deliver and the global debt to GDP ratio is still growing, breaking ...
Spain's football clubs cut their tax debt by 200 mn euros
Yahoo News - 10/1/2014 1:24:16 PM
is one of the world's most popular. But Spanish football teams have not been immune to Spain's economic woes, which started when a decade-long property bubble burst in 2008, throwing millions of people out of work and causing the country's public debt to ...
Argentina passes law to establish debt audit commission
Oneworld - 10/1/2014 3:40:17 PM
In 2008, Ecuador established a public debt audit commission ... but also because it will give the world new examples and evidence that in many cases the debt of the developing countries has been paid a long time ago. We encourage the Argentinian government ...
Switzerland Is The Most Competitive Country in The World; US is at Number 3 Just Behind Singapore According To 2014 Global Competitiveness Report
VENTURE CAPITAL POST - 9/24/2014 12:28:09 PM
The World Economic Forum (WEF ... Finland has a highly transparent public institution and extensive infrastructure. It has the strongest health and education system compared to other countries reviewed. However, its small market size of only $194 billion ...
World Bank Reviews Public Spending With Croatia to End Downturn
Bloomberg - 9/26/2014 8:00:55 AM
The World Bank is helping Croatia review spending and urging it to deal with high unemployment and public debt to avert “irreversible changes ... “How do you keep the stability and the social contract in a country that is aging fast?,”
Countries Overloaded With Debt
CNBC - 10/27/2009 11:55:45 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 ...
Costa Rica seeking World Bank loan to cover debt, government expenses for 2015
Inside Costa Rica - 9/24/2014 11:45:12 AM
September 24 th, 2014 (InsideCostaRica.com) The government of Luis Guillermo Solís is seeking a loan from the World ... The country’s debt-to-GDP ratio is expected to reach close to 40% of GDP this year. Finance officials have not made public the ...
CONCERNS OF NEXT RECESSION PROMPTED BY GROWING GLOBAL DEBT
skyvalleychronicle.com - 10/1/2014 9:35:12 AM
(INTERNATIONAL) -- Not everyone is convinced that the world's developed an developing economies ... low-inflation cycle in which mounting public, household and company debt will be hard to pay down without triggering another prolonged recession, according ...
Not just Argentina: 11 countries near bankruptcy
USA Today - 8/1/2014 3:05:15 PM
According to the International Monetary Fund (IMF), Greece's debt is projected to hit nearly 175% of GDP by the end of this year, more than that of any other nation in the world except for Japan. However, not all countries with low ratings necessarily have ...
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 ...