Sovereign Debt in Advanced Economies: Overview and Issues for Congress
CRS – Sovereign Debt in Advanced Economies: Overview and Issues for Congress, Rebecca M. Nelson, Analyst in International Trade and Finance, February 29, 2012 “Sovereign debt, also called public debt or government debt, refers to debt incurred by governments. Since the global financial crisis of 2008-2009, public debt in advanced economies has increased substantially. A …