Developed countries should cut their public debt to half of GDP over the coming decades

Developed countries should cut their public debt to half of gross domestic product (GDP) over the coming decades from current levels of more than 100% in some countries, the Organisation for Economic Cooperation and Development (OECD) said, suggesting a potential long period of deleveraging ahead.

• Global
• advanced countries
• debt
• Eurozone
• GDP
• Japan
• OECD
• US

• Print