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Global Debt Surge Risks for World Economy

Global Debt Surge: Risks Loom for World Economy Syllabus: GS Paper – 3 Inclusive Growth, Liberalization, Mobilization of Resources, Government Policies & Interventions, Monetary Policy, Fiscal Policy WHY IN THE NEWS? The OECD’s Global Debt Report 2025 warns of soaring sovereign and corporate debt, especially in developed economies, amid rising interest rates and tightening monetary …