- 4 Developing Countries And Government Debt 31 Geel Om Det Figure 1 General Government Debt Gdp 1 In Figure 1 We See 1 (65.64 KiB) Viewed 37 times
4 Developing countries and Government Debt 31 Geel om det Figure 1: General Government Debt % GDP 1. In Figure 1, we see
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4 Developing countries and Government Debt 31 Geel om det Figure 1: General Government Debt % GDP 1. In Figure 1, we see
4 Developing countries and Government Debt 31 Geel om det Figure 1: General Government Debt % GDP 1. In Figure 1, we see that, on average, developed countries tend to have a much larger government debt-to-gdp ratio than developing countries (data refers to 2020 or the latest available). However, economists and analysts deem that developed countries government debt is not as riskier as developing countries one. How do you explain this paradox? (Hint: This data is collected from https://data.oecd.org/. You may go to this site and try to collect other data that is related to government debt) 2. Do you believe that an increase in government debt by developed countries has an impact on developing countries' capacity to increase their own borrowing? If so, how?
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