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What is Global Debt Crisis Amid COVID-19 about?

This document discusses the global increase in government debt due to fiscal measures taken to combat the economic impact of the COVID-19 pandemic. It notes that central banks have launched bond purchasing programs to finance rising government deficits. While such actions have stabilized markets so far, debt levels were already high in many countries prior to the crisis. The pandemic is expected to significantly increase government debt as a percentage of GDP across Europe and elsewhere. Questions remain ar

Author

anuj

Language

EN