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Global agencies to work on improving availability of debt data

Not all of the global build-up of debt is logged in official data, economists say

"We estimate that corporate and bank balance sheets are saddled with up to US$3.3 trillion in over-borrowing." - Jose VInals (above)


LEADING economists are warning increasingly of the dangers posed by a global build-up of debt that has occurred, especially in emerging economies, and the debt "mountain" could be even bigger than feared because not all of it is logged in official data.

Much of the debt build...

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