{"id":19958,"date":"2019-01-16T18:41:50","date_gmt":"2019-01-16T18:41:50","guid":{"rendered":"http:\/\/www.ceo-na.com\/?p=19958"},"modified":"2019-01-21T23:12:22","modified_gmt":"2019-01-21T23:12:22","slug":"global-debt-near-to-become-244-trillion","status":"publish","type":"post","link":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/business\/management-leadership\/global-debt-near-to-become-244-trillion\/","title":{"rendered":"Global debt near to becoming $244 trillion"},"content":{"rendered":"<p>The world\u2019s debt could exceed more than three times the size of the global economy.<\/p>\n<p><!--more--><\/p>\n<p>An <a href=\"https:\/\/www.iif.com\/\" target=\"_blank\" rel=\"noopener\">analysis by the Institute of International Finance (IIF)<\/a>\u00a0estimated that the\u00a0world\u2019s debt is hovering near a record at $244 trillion, exceeding\u00a0more than three times the size of the global economy\u00a0despite a stronger pace of economic growth.<\/p>\n<p>With interest rates rising globally, the <a href=\"https:\/\/www.imf.org\/external\/index.htm\" target=\"_blank\" rel=\"noopener\">International Monetary Fund<\/a> has warned governments to rein in soaring levels of debt and rebuild buffers against future risks.<\/p>\n<p><a href=\"https:\/\/www.bloomberg.com\/\" target=\"_blank\" rel=\"noopener\">According to Bloomberg<\/a>, some of the key findings among the report by the Washington-based IIF released on Tuesday were:<\/p>\n<ul>\n<li>Total government debt exceeded $65 trillion in 2018, up from $37 trillion a decade ago, and rose faster in mature markets.<\/li>\n<li>Non-financial corporate debt rose to over $72 trillion last year, now near an all-time high of 92 percent of GDP.<\/li>\n<li>Household debt grew by over 30 percent to $46 trillion helped by strong growth in emerging markets, notably from China; though Czech Republic, India, Mexico, Korea, Malaysia and Chile all recorded more than 20 percent increases since 2016.<\/li>\n<li>Financial sector indebtedness rose to about $60 trillion, up 10 percent from a decade earlier.<\/li>\n<\/ul>\n<p>With information <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2019-01-15\/global-debt-of-244-trillion-nears-record-despite-faster-growth?utm_medium=social&amp;cmpid=socialflow-twitter-business&amp;utm_source=twitter&amp;utm_content=business&amp;utm_campaign=socialflow-organic\" target=\"_blank\" rel=\"noopener\">from Bloomberg article<\/a> by\u00a0<a class=\"author-v2__byline\" href=\"https:\/\/www.bloomberg.com\/authors\/ATsVWKuIX6M\/chibuike-oguh\" target=\"_blank\" rel=\"author noopener\">Chibuike Oguh<\/a>\u00a0and\u00a0<a class=\"author-v2__byline\" href=\"https:\/\/www.bloomberg.com\/authors\/ADENOlzHbyY\/alexandre-tanzi\" target=\"_blank\" rel=\"author noopener\">Alexandre Tanzi<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The world\u2019s debt could exceed more than three times the  [&#8230;]<\/p>\n","protected":false},"author":25,"featured_media":19959,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[43],"tags":[99,1385,563,991,1688],"class_list":["post-19958","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-management-leadership","tag-ceo","tag-ceo-northam","tag-economy","tag-global-debt","tag-household-debt"],"_links":{"self":[{"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/posts\/19958","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/users\/25"}],"replies":[{"embeddable":true,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/comments?post=19958"}],"version-history":[{"count":2,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/posts\/19958\/revisions"}],"predecessor-version":[{"id":19975,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/posts\/19958\/revisions\/19975"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/media\/19959"}],"wp:attachment":[{"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/media?parent=19958"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/categories?post=19958"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/servidor-mxigen1.com\/ceona-antiguo\/wp-json\/wp\/v2\/tags?post=19958"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}