Debt is often a nasty four letter word for the people that are facing it. The causes of external debt can include war, rebuilding efforts, and any other reason that a country would need to borrow money from Another Country.
Government taking money
Government debt can be subdivided into two categories: external debt and domestic debt. External debt is the outstanding debt owed from the Mexican government to foreign governments (such as the United States or Europe), banks, institutions and individuals. Domestic debt is the amount of debt owed to Mexican banks, institutions and individuals within the country.Mexico's government debt can be broken down as follows:External debt: US$46,208.8 million.Domestic debt: US$192,218.7 million.Total Mexican debt: US$238,427.6 million.Now, the indebtedness level is the percentage of debt compared as a percentage of the total sum of products and services sold in the country within a year (also named Gross Domestic Product - GDP). Mexico's Gross Domestic Product is valued at US$788,840 million (est. 2009).Therefore Mexico's debt level is:5.9% of its GDP in foreign debt.24.4% of its GDP in domestic debt.30.3% of its GDP for total public debt.
Public debt is the debt owed by national, state, and local governments. Private debt is the debt owed by households, businesses, and nonprofits,3 which are also called private nonfinancial entities. Private nonfinancial debt excludes borrowing by the government or financial firms, such as banks
Public debt refers to the total amount of money that a government owes to external creditors, such as individuals, institutions, and foreign governments. Intragovernmental debt, on the other hand, refers to the money that a government owes to its own agencies and trust funds. In terms of impact on the economy and government finances, public debt can have a more significant impact as it represents money borrowed from external sources, which can lead to higher interest payments and potential risks to the country's credit rating. Intragovernmental debt, while still important, is essentially money that the government owes to itself and may have less immediate impact on the economy. However, both types of debt can affect government finances and the overall economic stability of a country.
population growth, natural resources and geography, education and technology, religion, external debt, capital flight, corruption, and war and its aftermath.
The Public Debt is debt that is owed by the Government of the United States. The External Debt is that is owed to foreign countries. The current Public Debt is $16,738,541,240,281.19 that over 16 Trillion dollars. The external debt is approximately $15,940,978 that is a lot less than the public debt.
Third World debt is external debt incurred by Third World countries. Third World debt is external debt incurred by Third World countries.
WISH SOME one would answer this so i had some frickn answer to my assignment!! man u yr 12 econ
The total external debt of Pakistan stood at $49.163 billion on December 31, 2008
Roland Plan has written: 'External debt rescheduling' -- subject(s): Debt relief, External Debts
Daniel Oks has written: 'Wealth effects of voluntary debt reduction in Latin America' -- subject(s): Debt equity conversion, Debt relief, Debts, External, External Debts
43 billion Dollar in 2008
USA
NO every debts is Ok
Original capital and accumulated interest.
I do not know that is why I am asking you
it is not direct but through growth