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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.

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What causes national debt?

Government taking money


What is Mexico's debt level?

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.


Difference between public finance and private finance?

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


How does public debt compare to intragovernmental debt in terms of impact on the economy and government finances?

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.


What factors can be obstacles to economic development?

population growth, natural resources and geography, education and technology, religion, external debt, capital flight, corruption, and war and its aftermath.

Related Questions

Is Public debt or External debt bigger?

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.


What does third world debt?

Third World debt is external debt incurred by Third World countries. Third World debt is external debt incurred by Third World countries.


What are the causes of external debt crisis?

WISH SOME one would answer this so i had some frickn answer to my assignment!! man u yr 12 econ


Pakistan total external debt in 2008?

The total external debt of Pakistan stood at $49.163 billion on December 31, 2008


What has the author Roland Plan written?

Roland Plan has written: 'External debt rescheduling' -- subject(s): Debt relief, External Debts


What has the author Daniel Oks written?

Daniel Oks has written: 'Wealth effects of voluntary debt reduction in Latin America' -- subject(s): Debt equity conversion, Debt relief, Debts, External, External Debts


What is Lebanon's external debt?

43 billion Dollar in 2008


Which country has the largest external debt in the world today?

USA


Does Brazil have any external debt?

NO every debts is Ok


What are the components of external debt?

Original capital and accumulated interest.


What are the causes of judgment debt?

I do not know that is why I am asking you


What is the correlation between external debt burden and poverty?

it is not direct but through growth