Global Waves of Debt : Causes and Consequences
The global economy has experienced four waves of rapid debt accumulation over the past 50 years. The first three debt waves ended with financial crises in many emerging market and developing economies. During the current wave, which started in 2010, the increase in debt in these economies has alread...
| Main Authors: | , , , |
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| Format: | Book |
| Language: | English |
| Published: |
Washington, DC: World Bank
2019
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| Subjects: | |
| Online Access: | https://documents.worldbank.org/en/publication/documents-reports/documentdetail/121251614759884881/global-waves-of-debt-causes-and-consequences http://hdl.handle.net/10986/32809 |