Oil Economy Focus Rapid Review
This article presents an introduction to global indebtedness and to some of the proposed solutions to the problem. Here, a long-term global perspective is needed to allow the design of adequate policies. Among the vulnerabilities seen is the level of debt, including public debt, which has increased significantly in the global economy since the financial crisis at the end of 2007. The debt of the emerging countries has seen important growth, and the debt related to oil and gas companies saw an annual rate of increase of 15% from 2006 to 2014 – a substantial portion of the debt being represented by public petroleum companies.
LINK TO THE SOURCE ARTICLE: The Debt Problem… Again
