Piling up debt through irresponsible budgeting can seem like part of human nature. In “How Countries Go Broke”, a book released in June, Ray Dalio, founder of the hedge fund Bridgewater, argues that ...

Utilizing surveys of over 27,000 respondents from 13 advanced and emerging market economies, we explore how knowledge and beliefs about government debt influence expectations of tax and expenditure ...

WASHINGTON, Oct 15 (Reuters) - Global public debt is projected to rise above 100% of gross domestic product by 2029, reaching its highest level since 1948 and continuing to climb, the IMF said on ...

Government debt is one of humanity’s great inventions. It allows societies to store wealth, fight crises and build for the future. After Britain’s superior access to credit helped it defeat Napoleon ...

June 26 (Reuters) - Ratings agencies S&P and Moody's downgraded Colombia's debt rating by one notch on Thursday, with both citing weaker fiscal performance. S&P lowered the rating to "BB", two notches ...

Countries have increasingly adopted fiscal rules and frameworks that aim to give clarity and predictability to government spending. But these rules have not been as effective in keeping deficits and ...

NIGERIA’S rising debt profile, despite improving government revenues, presents a critical challenge that demands urgent action focused on transparency, fiscal discipline, and rigorous oversight to ...

NAIROBI, May 27, 2025—Kenya’s fiscal policy could be better used to create more and better jobs, strengthen the social contract with Kenyan citizens, provide better public services, and spur inclusive ...

July 30 (UPI) --Chile's projected fiscal deficit for 2025 has risen from to 1.8% from 1.6% of gross domestic product, according to recent statements by the economic team in President Gabriel Boric's ...

Transcript as prepared for delivery at George Washington University. April 13, 2011 -- Good afternoon. It's great to be back at GW. I want you to know that one of the reasons I kept the government ...