International warnings are increasing that the world is approaching a critical financial stage, with public debt levels rising, but the economy is outpacing growth. the economic economy.
Fears are rising that this high debt will lead to undermining the ability of governments to finance their basic priorities, while expanding فيه فجوات الإنفاق العام وتتفائة هوامش الامان الماني.
It comes at the time of the current trends that debt debt is not limited to the emerging or troubled economies, but extended to the rich countries that are facing increasing pressures due to high interest rates and borrowing costs, وتحميل المعلومات الإنفاق الدفيني والجمعةي. And with the decline in the ability of the markets to absorb more of the government issues, the risks of a return to the financial crisis international.
In this context, decision-makers and international institutions interact with the debt crisis as one of the biggest economic challenges for the next full decade, It does not require the search for accurate balance between incapacity and incapacity.
قدیدیت توکس سمائت
According to the International Monetary Fund, global debt is expected to exceed 100 percent of GDP by 2029. It reaches its highest level since 1948 and continues to rise. ويحث الصداع الدول على بوناء للحماية للحماية من عكسوميك راسبة.
The head of the Financial Affairs Department of the International Monetary Fund, Fitur Jasbar, points out in the statements quoted by “Reuters” that The levels of the world economy may rise to 123 percent of the gross domestic product by the end of the contract in the “stable scenario.” But possible”, which is slightly lower than the highest level ever at 132 percent, which was reached after the Second World War directly
He added: “From our point of view, the most worrying situation is the situation that may witness financial turmoil.”
This is likely to lead to the release of the financial “ring of death”, such as that which occurred during the European sovereign debt crisis. which started in 2010.
According to Jasbar, the uncertainty makes financial reforms more important than ever, and the International Monetary Fund urges all Advanced economies and governments reduce debt levels and reduce deficits and build reserves.
ویستدرود: “With the existence of big risks on the horizon, it is important that we be prepared, and the existence of financial reserves allows us to be prepared للسلطات بالاستجابة لصدمة المعاكسة الشفعة في حسائة في حقيبة كريسية فالية”.
In the latest report on financial control, the International Monetary Fund pointed out that rich economies already have higher public debt levels From 100 percent of the gross domestic product, or expected to exceed this level, including the United States, Canada, and China France, Italy, Japan, and Britain.
داليو يجيب.. لماء عبد الذهب ليقود المشاهد المالي?
The risks you face are considered low to medium because these countries have deep markets for private bonds and political options. more, while many emerging markets and low-income countries have lower rates and face higher borrowing costs, إبدام من نسب ديونها للماء نسبيا.
The cost of borrowing today is much higher than it was in the period between the 2008-2009 global financial crisis and the Covid-19, which started in 2020 الجيوسياسياء, والترجم الكوارث الكوارث, والتخصين الدفعلة, والعربية الفولكة.
And in the United States, the ratio of public debt to gross domestic product exceeded the second half of the war جائحة Covid, and it is expected to exceed 140 percent of the gross domestic product by the end of the decade, as Ghasbar said. It is clear that the officials of the International Monetary Fund will urge the American authorities to reduce the debt through the reduction of the balance deficit during the review. the next month for the American economy that starts in the next month.
standards
On the other hand, says the head of the international market section of the Cedra Markets company, which is published on the “Economics Sky News Arabiya” website:
The world is very high in the level of public debt, especially after the Corona crisis.
The United States represents the best example, as its debt rose from about 23 trillion dollars to more than 38 trillion dollars currently.
The International Monetary Fund expects global debt to reach 100 percent of gross domestic product by 2029, which is not a big deal. على الحقومات على وتيرة النمسو على العربية
Instead of governments moving toward investment spending to boost growth, they will have to allocate a growing portion of their balance sheet to debt service. وسداد فويديا, مما سيئد إلى إبطاء النموذا وتبراد وتحدة وتحدة على في العربية تعليقة.
ويتاب: حتى الدول العربية ليست بمنأى عن هذا حقيقة; France, for example, is facing financial challenges that are exacerbated by the high deficit and the increase in the size of the public debt, which raises concerns. قبعد الاستدامة المحمولة.
ویشیر یرق علیہ آن العاید علیہ سندات کے کے کے %, as well as the expectations of more interest reductions from the American Federal Reserve من حدة التصريف تقميراً من حدة الترقيمة تقميراً هذه لن تلغيها تمتقولً.
ويختتم جويرق تعليمة على على أل ألمان على على على نموكونيكوم والإلى العلميا, قد قدم الشرارة لايا المياية المياية في مستقبلة في الموستقبلة.
Who pays “the debt of the rich world”
The speech of the “Economist” indicates that “in every place, almost in the rich world, the government’s finances are in a state of ruin.”
Also in Japan, where the desire of the people in the agreement, despite the huge debt of the Turks.
Britain also faces big tax increases to close its budget gap, after mostly abandoning welfare reforms And despite the mandatory tax increase at the end of the year.
يلوح في الأقروب اميركا غير المُستدام وال 6% من جديد وجديد في ولق يُُصرید ترمب فی زیادته بمزید من التصریفات تریبیعی.
The report shows that public debt in rich countries already accounts for 110 percent of the gross domestic product (..) as it shows that the politicians struggle to achieve balance in their budget, while they can’t avoid raising interest rates and increasing defense spending; فالگورونی الجنابنية تُمارس کامــــــــــــــــــــ لا يُقاوم to introduce more من السيولة المنظيطة. كما أن زيادة درايب بنفس الفوحة.
The report is added:
قد يامل على أن عمل نمو نمو دروديةية, المدفوع بالايكيلة, الحقومات على تجنّب فيليني الحقيقة الحبرة, لك This is the single “Amniyat”.
Countries usually don’t get out of debt by expanding the workforce, or through the rapid growth of small economies. السعائية للحاق بركب الكبرون يكونتيمات.
غير أن التحورية التحورية مشل الثقاعة الثورية لها لها لها لها لها لها لها لها لها هنا; As spending on pensions and health care usually increases with income growth, it does not mean that these expenses will jump with increased productivity in الدول آست الرفاه القبرة
وشیر عرض المزيد إلى إلى آن آن فريقة ستتعرفة إلى إلى.
And if artificial intelligence makes a huge jump in growth, the current huge investment in data centers and chips will increase even more. It does not raise the benefits and make the service of the old debts more expensive, and therefore reduces the financial gain resulting from the acceleration of the growth.
Therefore, governments are increasingly likely to resort to inflation and repressive financial policies to reduce the real value of their debt. المتعديلة, as it did after the second world war. فالآليات نظاء تحميل تعليقة على بنوك بنوق المنزلية تعليقة في السوندات السندات. Populist politicians like Donald Trump in the United States and Nigel Farage in Britain have already started attacking their central banks. بمستقبلات من شعنها إذعاف قدرتها على حمادة الثنفلة.
Global debt
In turn, says expert aswaq al-mal, Muhammad Saeed, on the “Economics Sky News Arabiya” website:
The deepening Al-Saadi debt crisis represents a “complex global problem” that the world is dealing with through an integrated set of tools. Between the international intervention of the manager and the deep local reforms.
Global debt has reached historic levels, making any new economic shock with serious implications likely to threaten stability المالي لعدد كابير من الدول.
On the international level, major institutions such as the International Monetary Fund and the International Bank play a pivotal role Provide financial support to the countries in trouble, but also contribute to the facilitation of negotiations between the countries of the city and the creditors, even if they do not pay others or from the private sector.
There are international forums such as the G20 and Paris Club that provide a general framework for coordinating debt restructuring operations, based on the initiative. “The common framework for dealing with debt”, which aims to speed up and regulate these processes for eligible countries.
Saeed explains that the basic idea of these initiatives is to reschedule debts by extending payment periods or reducing prices, على الوفاة بتزمائة
ما تشمن إخفاق الدول في تحديد البلدان الناميا?
At the same time, he emphasizes that the solution is not limited to aid or scheduling only, as the greater responsibility rests with the governments that Real structural reforms must be carried out, including public budget control and improved tax collection without harming money. economic
It also emphasizes that transparency and full disclosure of the debt volume and terms represent the cornerstone in restoring the confidence of the markets and borrowers. According to the fact that hiding some of the debt or the lack of clarity of the data may lead to serious financial consequences in the future.
As Saeed explains, the current stage has seen the emergence of innovative solutions such as debt swaps, through which part of the debt is replaced. بتمازات بيئية و تنموية, كتميلة عرض المزيد على بالمناخ و بلويوديوستعام بلمناخ و وحدة البيئية عبء الدين ويدعم في الموقت نفسه عبدء الدين ويدعم في الموقت نفسه عبدء الدين ويدعم
ویکتم هادیه علیہ علیہ علیہ ان کلتم آلت بریک, فی آل آلی کے کے کے کے کے کے کے کے کے کے کے يزيد من فيحة سداد الديون Also, the restructuring process may be long and complicated due to the number of creditors and their differences in terms.
He says that international cooperation and continuous coordination are absolutely necessary to avoid major systemic crises that may affect the global economy as a whole. Emphasis on the difficult equation lies in achieving a precise balance between the protection of creditors’ rights and the guarantee of the capacity of the debtor. النمسو والاستبائ سوائلي
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