Yet the financial crisis and the ensuing recession go only so far towards explaining these high levels of indebtedness.

But excessive indebtedness and losses on the risky investments that had been made triggered the global financial crisis and led to the failure, or near failure, of many major financial institutions.

Recovery of indebtedness to the Fund

It was this system of financial intermediation whose near collapse in 2008 seemed for many to justify the ancient warnings of the perils of indebtedness.

The current spotlight may be on Europe s financial woes, but the bigger picture for China is that America s chronic deficits and indebtedness epitomize its relative decline.

Following the Asian financial crisis of the late 1990 s, emerging economies began to accumulate massive foreign exchange reserves to protect themselves against the risks of external over indebtedness.

These rules must allow for a gradual reduction in indebtedness.

Indebtedness must also be properly incorporated into the scale methodology.

Lenin may have gotten the underlying analysis wrong, but today we know that his conclusion may have been right for another reason financial capitalism forces a country into unsustainable indebtedness.

Lenin may have gotten the underlying analysis wrong, but today we know that his conclusion may have been right for another reason financial capitalism forces a country into unsustainable indebtedness.

Simply put, lending and economic growth have suffered since 2007 because highly indebted financial institutions could not absorb their losses, not because of regulations that sought to reduce their indebtedness.

7. Welcomes initiatives that have been undertaken to reduce outstanding indebtedness

To quit the eurozone would only increase their level of indebtedness.

The consequences of this excessive indebtedness will take years to undo.

But the record of uneven development, persistent levels of indebtedness and financial crises in the 1990s also suggests that current global arrangements are not delivering the financial resources and monetary stability needed to sustain expansion of employment and output in developing countries.

Local governments indebtedness soared, and fixed investment surged toward an unprecedented 50 of GDP.

Nor can it remain indifferent to the increasingly unacceptable indebtedness of its university students.

The burden of external indebtedness is one of the most serious obstacles to progress.

It will take years to overcome the excessive indebtedness and real estate overhang that resulted.

Different countries capacity to act depends on their indebtedness, foreign exchange reserves, and current account deficits.

But in the end, these very different circumstances produced a common and inherently simple problem over indebtedness.

The increased indebtedness of households is already leading to higher bankruptcy rates, and will likely dampen the recovery.

Likewise, there is also virtually no credit card debt in Germany, or other reasons for US style household indebtedness. A normal German household is not on its last financial legs, and is therefore able to compensate for income losses by adjusting its savings.

Despite tight monetary policy and foreign exchange regulations, the scheme has boosted trade and investment while reducing intraregional indebtedness.

And, given Japan s high level of public indebtedness, the risks of collateral damage and unintended consequences are potentially higher.

And, as long as housing prices rose as a result of lower interest rates, Americans could ignore their growing indebtedness.

By the end of 2010, the CDB s reach extended to more than 90 countries, whose total indebtedness reached 141.3 billion.

Usually, low interest rates lead firms to borrow more to invest more, and greater indebtedness is matched by more productive assets.

All of this represents an utterly unexpected recovery from the vast public and private external indebtedness of just a decade ago.

Bank lending to sovereign borrowers has been a double disaster, fostering over indebtedness, especially in countries with irresponsible or corrupt governments.

The Greek and Irish bailouts are only temporary palliatives they do nothing to curtail indebtedness, and they have not stopped contagion.

The current system relies on ad hoc mechanisms, which generally operate too late, after high indebtedness has already imposed devastating effects.

The more diversified economies, in contrast, face larger public debt burdens and much greater challenges in maintaining sustainable levels of indebtedness.

Yet despite those clear directives, UNITAR had apparently failed to generate sufficient funds to cover its expenses, and the United States suggested that it should cover the shortfall by charging fees for the courses it offered or by adjusting other financial arrangements that contributed to its indebtedness.

I would like to point out that indebtedness is a form of bondage and indebted economies are economies that function under constraints.

They find themselves in situations of eviction, heavy indebtedness, unemployment and under the indifferent regard of a society where many live comfortably.

The odious poverty, the HIV AIDS pandemic and persistent indebtedness in many African countries were identified as the areas of particular concern.

Rising production costs and falling prices for their products is a recipe for indebtedness, and debt is the main cause of farmers suicides.

The cost is also the increase in net federal government debt held by the private sector the most accurate measure of true government indebtedness.

One regular aspect of post war Latin America has been that such bonanzas have been undermined by large current account deficits, and thus indebtedness.

But there is a deeper problem that has been overlooked the US economy relies upon asset price inflation and rising indebtedness to fuel growth.

Extreme poverty, the HIV AIDS pandemic, gender inequality, unfair trade liberalization, and the persistent indebtedness in many African countries were causes for particular concern.

Likewise, we must move far more quickly towards market driven currency valuations around the world and towards addressing the massive indebtedness of many developed countries.

And, as many have argued, the correlation itself could be the result of low growth leading to high indebtedness, rather than the other way around.

Economic development was hindered by the decline of markets for Liberian goods in the late 19th century and by indebtedness on a series of international loans.