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Mapping the Global Shadow Banking System
European sovereign debt remains largely a European problem
The rapidly mounting debts of the governments of Greece and other European countries caught policymakers off guard earlier this year and caused a panic in the markets. But a review of who holds the debt of these countries shows that any contagion risk should be confined to Europe.
A Decade after the Crisis, Has the Global Debt Burden Stabilized?
The debt-to-GDP ratio shows signs of stabilization in advanced economies, but less so in emerging economies.