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, 2014See also: Public debt map
Puerto Rico poised to miss another debt deadline as financial crisis rages on
The Guardian - 12/1/2015 12:51:30 PM
The island some have called ‘America’s Greece’ looks poised to default on its $72bn debt ... country’s infrastructure at a time when it desperately needs income. Nelson Denis, a former New York state assemblyman, laid the blame for the eroding ...
We're All Paying for the Unaccountability of So-Called 'Experts' Who Screwed Up the World Economy
Alter Net - 12/1/2015 7:00:45 AM
As such, it had the ability to prevent the sovereign debt of eurozone countries from ever becoming ... It is a story in which most of the public—in Europe, the United States, and much of the world—has been continually misled as to the nature and ...
The World's 5 Most Debt-Ridden Countries
The Motley Fool - 5/18/2013 6:10:38 PM
No economic conversation has captured the public's eye quite ... here are the five most debt-burdened nations, according to IMF estimates for 2013. Investors beware: These lagging leaders may not be the countries you expected. No. 5: Ireland, 122% Debt ...
Private Sector Debt Gnawing at Developing Countries
Inter Press Service - 7/30/2012 12:44:03 PM
NAIROBI, Jul 30 2012 (IPS) - Twelve years after a global campaign successfully advocated the cancellation of some of the world’s poorest countries’ public debt, developing economies are again facing unsustainable debt burdens. Only this time ...
Assessing Debt Levels in Poorer Countries
International Monetary Fund - 3/28/2012 7:57:26 PM
Comprehensive review of approach by World Bank, IMF Framework to be adapted to changing circumstances n low-income countries Analysis of total public debt, investment-growth linkages to be strengthened Following a comprehensive review, the IMF and World ...
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 ...
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.
Is the rising public debt a strategist move by a government not sure of re-election?
Standard Group - 11/18/2015 7:01:51 AM
Is the government deliberately spending beyond means? Is the rising public debt in the country driven by political motives? Alesina and Tabellini, 1987 in a paper on, ‘A Positive Theory of Fiscal Deficits and Government Debt in a Democracy’ argue that ...
Public finances: A world of debt
Financial Times - 1/6/2015 11:25:04 PM
The widely-watched debt to gross domestic product ratio remains at almost 130 per cent, one of the highest rates in the world ... country’s debt trajectory and how it is affected by an array of factors such as economic growth, borrowing costs and public ...
World Bank: Vietnam’s public debt at $110 billion
Vietnamnet - 7/24/2015 12:52:22 AM
VietNamNet Bridge - The country’s public debt is higher than any statistics published by local institutions. Thus, each Vietnamese person is carrying over $1,200 public debt, equivalent to more than half of the average annual income. The World Bank (WB ...
How does Thai public debt compare to other countries?
Asian Correspondent - 5/6/2013 9:27:59 AM
NOTE: Explanation from the World Bank is, “Debt is the entire ... in comparison with other countries. This partly explains why it is relatively easy for Thailand to borrow money at such low rates. Overall, gross government public debt shows Thailand ...
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 ...
Brazil’s public debt: bigger than you think
Financial Times - 12/8/2014 11:59:27 PM
Although this misses the point – Brazil’s public debt is more burdensome than in most other countries because it has some of the highest interest rates in the world – the argument is doubly wrong if a new study by Moody’s is to be believed.
Should Countries Reduce Their Debt by Monetizing Their Parks?
Slate - 6/17/2015 4:52:30 PM
"Given that in most countries public wealth is larger than public debt, just managing it better could help to solve the debt problem while also providing the material for future economic growth," the report finds. "A higher return of just 1 percent on ...
New Funding to Help Poor Countries Manage Debt
The World Bank - 4/3/2014 2:35:46 PM
a US$22 million trust fund that the World Bank launched in November 2008. The initiative was born out of a recognition that low-income countries graduating from debt-relief programs, such as the Heavily Indebted Poor Countries (HIPC), might continue to ...