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Global Waves of Debt : Causes and Consequences

The global economy has experienced four waves of rapid debt accumulation over the past 50 years. The first three debt waves ended with financial crises in many emerging market and developing economies. During the current wave, which started in 2010, the increase in debt in these economies has alread...

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Bibliographic Details
Main Authors: Kose, M. Ayhan, Nagle, Peter, Ohnsorge, Franziska, Sugawara, Naotaka
Language:English
Published: Washington, DC: World Bank 2019
Subjects:
DEBT
DEBT CRISIS
FISCAL DEFICIT
EMERGING MARKET ECONOMIES
DEVELOPING COUNTRIES
FINANCIAL CRISIS
INTEREST RATE
ECONOMIC GROWTH
ECONOMIC OUTLOOK
Online Access:https://documents.worldbank.org/en/publication/documents-reports/documentdetail/121251614759884881/global-waves-of-debt-causes-and-consequences
http://hdl.handle.net/10986/32809

Internet

https://documents.worldbank.org/en/publication/documents-reports/documentdetail/121251614759884881/global-waves-of-debt-causes-and-consequences
http://hdl.handle.net/10986/32809

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