One way to think about government debt is in per capita terms. Per capita debt among OECD countries has increased at an average annual rate of 5. The level of gross government debt as a percentage of its GDP is an indicator of how able a country is to pay back debts without incurring further debt. When a government borrows money, it has to pay it back with interest.
So when interest rates go up or the economy slows down, debt levels can become unsustainable. Countries with the highest public debt throughout this period are Japan, at The views expressed in this article are those of the author alone and not the World Economic Forum. US consumer prices have risen to their highest rate since , with consumer prices up 6. Economists say the inflation could be long-lasting. World-renowned leadership expert, Michael Useem, has developed a checklist that includes 16 mission-critical principles to make good and timely decisions.
However, the report noted asset seizure in lieu of repayment was only allowed in direct government loans, while the increasingly frequent arrangements made via SPVs and other semi-private mechanisms saw repayments taken from the revenue generated by the funded projects. Peter Cai, a research fellow at the Australia-based Lowy Institute, said it would be difficult to enforce the debt repayments, particularly where there was civil unrest or poor governance. AidData said a separate but related finding showed Beijing was disproportionately lending to countries that performed poorly on conventional measures of credit worthiness, in contrast to other international lenders, but demanded far higher interest rates with shorter repayment periods.
Read the Shopping Essentials newsletter for unbiased, unsponsored product recommendations every week. Read the Shopping Essentials newsletter for unbiased product recommendations every week. Manage Print Subscription. Main Menu Search nationalpost. This advertisement has not loaded yet, but your article continues below. We apologize, but this video has failed to load. Try refreshing your browser, or tap here to see other videos from our team.
Shopping essentials. Singles Day in in Canada The holiday, which is a big deal elsewhere, is becoming a thing here, too. Style File: All puffed up If you're in the market for a new option this cold-weather season, we've rounded up four fashionable finds that will be sure to up your cool factor, while keeping out the cold. Email Address There was an error, please provide a valid email address. Thanks for signing up! Canada's unhinged housing market, captured in one chart.
0コメント