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

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

The introduction of the euro was supposed to reinforce convergence in fact, it created divergences, with widely different levels of indebtedness and competitiveness separating the member countries.

Recovery of indebtedness to the Fund

We're approaching the levels of indebtedness we had at World War II, and the baby boomers haven't even retired yet, and when they do, this is what will happen.

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

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

These rules must allow for a gradual reduction in indebtedness.

Indebtedness must also be properly incorporated into the scale methodology.

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

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

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.

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.

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

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

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.

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

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.

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

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

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

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

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

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.

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.

Kyrgyzstan also advocates the identification of an acceptable level of indebtedness and the adoption of urgent and commensurate measures to ease the debt burden of developing countries.

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

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.

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.

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.

In this regard, it explored the various components of Goal 8, namely, international assistance, indebtedness and international trade and financing from the perspective of middle income countries.

In its last phases, it had taken on large quantities of foreign debt, and over indebtedness finally sunk a model that had fundamentally failed long before that.

These levels are overlooked often because of the nature of the construction of these levels.

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.

In 1931, the experts were preoccupied with the complexities posed by the combination of reparations and war debts arising out of World War I with large private sector 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.