by AIP Online Bureau | Nov 13, 2022 | Eco/Invest/Demography, International News, Policy
David Malpass, Presidnt,World Bank President IMF and World Bank officials say 25% of emerging market and developing economies are in or near debt distress, and the number rises to 60% for low- and middle-income countries. Climate shocks, interest rate increases and...
by AIP Online Bureau | Dec 15, 2021 | Eco/Invest/Demography, International News, Pandemic, Policy
Government borrowing accounted for slightly over half of the $28 trillion increase, but private debt among non-financial corporations and households also hit new highs. Global debt surged to $226 trillion last year, its biggest one-year jump since World War Two, and...
