When countries hide their public debt, they hurt themselves, their citizens and their lenders, say economists

Economists from the International Monetary Fund (IMF) recently announced that global public debt would soon collectively catch up to the worldwide gross domestic product (GDP), likely matching it by 2030. New research from the University of Notre Dame suggests that this could happen even sooner, thanks to countries’ hidden debts.

This article was originally published here

LawyersLookup.ca - Find a lawyer who speaks your language