The external debt problem goes global: its composition, proрspects and trends

 
PIIS020736760009733-5-1
DOI10.31857/S020736760009733-5
Publication type Article
Status Published
Authors
Occupation: Associate Professor at the Russian Financial University under the Government of the Russian Federation
Affiliation: Russian Financial University under the Government of the Russian Federation
Address: Russian Federation, Moscow
Journal nameObshchestvo i ekonomika
EditionIssue 5
Pages76-93
Abstract

The author pays special attention to the global nature of the external debt problem which becomes one of the most acute financial and economic problems. In the author’s opinion, a rapid growth of the majority of the countries’ external debt may result in a series of sovereign external debt defaults, which will trigger a new and stronger global financial and economic crisis. 

 
Keywordsglobal external debt, sovereign external debt, external debt of Russia, indicators of debt sustainability, sovereign external debt default
Received28.06.2020
Publication date29.06.2020
Number of characters36832
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