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Global perspectives : the growing inequality in global government debt burdens

Recurso electrónico / Electronic resource
Registro MARC
Tag12Valor
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001  MAP20210001321
003  MAP
005  20210115135730.0
008  170215e20210105usa|||| ||| ||eng d
040  ‎$a‎MAP‎$b‎spa
084  ‎$a‎921.9
24500‎$a‎Global perspectives‎$b‎: the growing inequality in global government debt burdens‎$c‎Fitch Ratings
260  ‎$a‎New York‎$b‎Fitch Ratings‎$c‎2021
300  ‎$a‎4 p.
520  ‎$a‎When it comes to adding to the world's government debt stocks, the coronavirus has been an equal-opportunity menace. Nearly all governments have coped with the economic fallout of the pandemic similarly by boosting spending on health sectors and providing support to households and businesses, while running up debt to pay for it. Global government debt is estimated by Fitch Ratings to have increased by about USD10 trillion in 2020 to USD77.8 trillion, equivalent to 94% of world GDP. Both the increase and level of debt will be records. The previous USD10 trillion tranche took seven years to build, from 2012 to 2019. The rapid and widespread increase in debt has had a significant effect on sovereign credit ratings, with a record 51 downgrades of 33 sovereigns in 2020, 27 of which are emerging markets. The sovereigns downgraded multiple times were all emerging markets.
650 4‎$0‎MAPA20080565381‎$a‎Deuda pública
650 4‎$0‎MAPA20080605704‎$a‎Desigualdades sociales
650 4‎$0‎MAPA20080619008‎$a‎Calificaciones crediticias
650 4‎$0‎MAPA20080597641‎$a‎Mercados financieros
650 4‎$0‎MAPA20080582180‎$a‎Ratios de gestión
650 4‎$0‎MAPA20080611897‎$a‎Perspectivas económicas
7102 ‎$0‎MAPA20080438661‎$a‎Fitch Ratings