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Sovereign Debt (SD) in Advanced Economies: Overview and Issues for Congress
Sovereign Debt (SD) in Advanced Economies: Overview and Issues for Congress
 
Our Price: $20.00
By Rebecca M. Nelson
Year: 2011
Pages: 31
Binding Paperback
ISBN 9781437987102

Product Code: 1437987109

Description
 
SD, also called public debt or govít. 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. Even if economic growth reverses some of these trends, aging populations in advanced economies are expected to strain govít. debt levels in coming years. Contents of this report: Def. and Concepts; Trends in SD; Addressing High Debt Levels; Is the U.S. Headed for a Eurozone-Style Debt Crisis?; Implications for the U.S. Economy; U.S. Bank Exposure Overseas. Illus. A print on demand report.

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