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Debt-to-GDP ratios in major world economies

Europe’s public debt: Analyzing the fear factor

  • Debt levels in Europe and globally seem unsustainable
  • Fear that a country will default can become self-fulfilling
  • Some economists say the solution is to “reeducate” the public
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Professor Elisabeth Krecké
When eurozone governments contract debt, they issue their bonds in a currency on which they cannot exert any control
read more about it in the report
What's inside
  • Debt levels in Europe and globally seem unsustainable
  • Fear that a country will default can become self-fulfilling
  • Some economists say the solution is to “reeducate” the public
Who will benefit?
  • Decision makers who want a deeper understanding of European fiscal challenges
  • Policymakers dealing with fiscal and monetary policy
  • Business leaders who want a better understanding of public finance challenges across ...
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