Global systemic imbalances: the imbalance between the size of the world GDP and that of the global debt

 
PIIS020736760012971-7-1
DOI10.31857/S020736760012971-7
Publication type Article
Status Published
Authors
Affiliation: Lomonosov Moscow State University
Address: Russian Federation, Moscow
Journal nameObshchestvo i ekonomika
EditionIssue 12
Pages9-36
Abstract

The author reveals the size and dynamics of the world GDP growth; examines the structure of global debt, paying attention to the serious risks of global debt growth for the stability of the economies of individual countries. The global economy and global financial system are also considered.

Keywordsgross domestic product, global debt, corporate debt, government debt, bank debt, household debt
Received22.12.2020
Publication date23.12.2020
Number of characters64594
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