The new debt vulnerabilities. 10 reasons why the debt crisis is not over

The new debt vulnerabilities. 10 reasons why the debt crisis is not over


The report argues  that the debt crisis is far from over, and here are the ten reasons why:
1. Economic imbalances continue to boost external debt
2. Capital is moving around the globe in an uncontrolled way
3. Private debt is on the rise
4. Sovereign debt is higher than ever in some places
5. Sovereign debt is riskier than ever in other places
6. The time bombs that are contingent liabilities could detonate at any time
7. Tax evasion and avoidance, and aid cuts, are undermining public income
8. Debt limit policies are subject to political manipulation
9. Responsible financing standards are rarely followed
10. Effective debt workout mechanisms do not exist

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