Public Debt and Development

A world of debt 2024 | UNCTAD

Public debt can be vital for development. Governments use it to finance their expenditures, to protect and invest in their people, and to pave their way to ...

The Fiscal and Financial Risks of a High-Debt, Slow-Growth World

It is expected to reach 120 percent and 80 percent of output respectively by 2028. At the same time as we confront higher debt levels, the ...

Understanding the National Debt | U.S. Treasury Fiscal Data

Over the past 100 years, the U.S. federal debt has increased from $395 B in 1924 to $35.46 T in 2024. Comparing a country's debt to its gross domestic product ( ...

The Impact of Public Debt on Economic Growth | Cato Institute

Specifically, increasing public debt by 1 percentage point on average will reduce GDP growth the following year by 0.012 percentage points, whereas it will ...

Global Public Debt Is Probably Worse Than it Looks

The report argues that countries should confront debt risks now with carefully designed fiscal policies that protect growth and vulnerable ...

Debt Overview: Development news, research, data | World Bank

Public debt at unsustainable levels harms growth, with consequences to the most vulnerable citizens. It can inhibit private investment, increase pressures on ...

Global debt levels are on the rise. How worried should we be?

At the end of 2023, total debt (public and private) in developing economies stood at 206% of GDP—nearly double the average in 2010. Financing ...

Navigating the growing challenges of public and external debt - unctad

Over the past decades, developing countries have seen a significant increase in external public debt, driven by a combination of factors such as ...

Growth in a Time of Debt - Harvard University

historical dataset on public (government) debt to search for a systemic relationship between high public debt levels, growth and inflation.1 Our main result ...

Government Debt and Economic Growth

An enhanced policy environment and its interaction with public debt has helped explain the improved growth performance of industrial and developing countries ...

The Impact of Public Debt on Economic Growth - Cato Institute

The survey of literature incorporates datasets on public debt and growth from the World Bank's World Development Indicators, the. International Monetary Fund's ...

General government debt - OECD

General government debt is the gross debt of the general government as a percentage of GDP. Debt is calculated as the sum of the following liability categories ...

NBER WORKING PAPER SERIES GROWTH IN A TIME OF DEBT ...

Our main findings are: First, the relationship between government debt and real GDP growth is weak for debt/GDP ratios below a threshold of 90 percent of GDP.

Finding the Tipping Point - When Sovereign Debt Turns Bad

development has raised concerns whether public debt is starting to hit levels where it might negatively affect economic growth. Does such a tipping point in ...

Public debt and financial development - ScienceDirect.com

Most often, the role of public debt in financial development has been thought of in terms of a positive role it can play in developing financial sectors by ...

Public debt and development distress in Latin America and ... - CEPAL

Description. Unfavourable global macrofinancial conditions have given rise to concerns about public debt sustainability in developing economies, including those ...

Debt and growth: new evidence for the Euro area

The short-run impact of debt on GDP growth is positive, but decreases to close to zero beyond public debt-to-GDP ratios of around 67% (i.e. up to this threshold ...

Public Debt and Growth - jstor

Initial government debt and growth of per capita real GDP over subsequent five-year periods. Page 6. 710. ECONOMICA. [OCTOBER. FIGURE ...

Public debt and economic growth: Is there a causal effect?

Our finding that there is no evidence that public debt has a causal effect on economic growth is important in the light of the fact that the negative ...

How to Prevent Debt from Hurting Economic Growth - Gestión fiscal

For instance, excessive public debt can increase a country's default risk, limiting access to financial markets. It can shift government ...