"Sovereign debt, also called public debt or government debt, refers to debt incurred by governments. Since the global financial crisis of 2008-2009, public debt in advanced economies has increased substantially. A number of factors related to the financial crisis have fueled the increase, including fiscal stimulus packages, the nationalization of private-sector debt, and lower tax revenue..."
Sovereign debt
Showing posts with label sovereign_debt. Show all posts
Showing posts with label sovereign_debt. Show all posts
Wednesday, November 13, 2013
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