The trouble in judging a country’s financial health by the size of its debt

Minenna, Marcello (2018) The trouble in judging a country’s financial health by the size of its debt. LSE Business Review (30 Nov 2018). Blog Entry.

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Abstract

In the second quarter of 2018 global debt reached a new peak, climbing to 260 trillion dollars ($260,000 billion). At the same time, the global debt to GDP ratio crossed the 320 per cent threshold for the first time. Of that total, 61 per cent (160 trillion) is private debt of the non-financial sector, while only 23 per cent is represented by much vilified government debt.

Item Type:	Online resource (Blog Entry)
Official URL:	https://blogs.lse.ac.uk/businessreview/
Additional Information:	© 2018 The Author(s)
Divisions:	LSE
Subjects:	H Social Sciences > HC Economic History and Conditions H Social Sciences > HD Industries. Land use. Labor H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
Date Deposited:	13 May 2021 11:33
Last Modified:	11 Dec 2024 20:41
URI:	http://eprints.lse.ac.uk/id/eprint/110466

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