Unemployment and household debt remain stubbornly high.

Ireland very high debt to GDP ratio,

They could contrast their high growth rates with Europe s high levels of debt.

Malawi apos s external debt is also quite high.

At the same time, many of the African countries are burdened with high external debt and high debt service payments, many of them accumulating arrears.

(b) Debt relief reduces the annual national income of eligible countries with high levels of external debt

Private and public debt levels are high and possibly unsustainable.

Worse still, high levels of public debt, like high taxes, cause serious problems for economic performance.

There are also middle income, high debt developing countries that need a reprieve from the debt burden they face.

In Lebanon, persisting high levels of public debt forced the Government to direct much of its expenditure towards debt service.

Currently, they are wrestling with widening sovereign debt problems and high unemployment.

For the other half, however, debt burden would still remain too high.

If high national debt is associated with slow economic growth, is it because excessive debt impedes growth, or because slow growth causes countries to accumulate more debt?

A public debt crisis in Japan (as the combination of recession, deflation, and high deficits drove up the debt GDP ratio).

In March, household debt levels reached a record high of 44 of income.

First, they will not be weighed down by high levels of public debt.

Economist Lu Zhengwei also asserted high debt is the momentum for the reform

High debt is the momentum for the reform of the Ministry of Railways.

The country is also burdened with high levels of debt and limited resources.

But the debate about austerity and the cost of high public debt levels misses a key point Public debt owed to foreigners is different from debt owed to residents.

Sustaining a high budget deficit over many years will lead to an unmanageable debt buildup, unless that debt is inflated away or restructured.

Europe could re engineer the eurozone to enable debt sustainability and high economic growth.

And large deficits and high debt levels decrease the prospects for a long boom.

Corroborating statistical evidence shows that high deficits and debt increase long run interest rates.

Internal and external national debt is also high, leading to budget deficits and inflation.

Debt sustainability indicators for Haiti are mixed. It is estimated that the debt export ratio in net present value terms is high (187 per cent), suggesting that Haiti's debt is unsustainable.

But if market nervousness persists and interest rates remain high relative to rates for secure German debt, the debt burden will rapidly become unsustainable.

Fiscal austerity helped to reverse the rising trend in public debt, and then reduced it to more manageable levels (debt nonetheless remains comparatively high).

Now China is experiencing a fourth instance of elevated debt risk, this time characterized by high levels of accumulated local government and corporate debt.

However, while the HIPC initiative has removed the debt overhang for many countries, the burden of debt service payments remains high (see table 1).

Our country apos s external debt of 10.8 billion places us in a much worse position than any other high debt, low income country.

The PIIGS debt burden is so high that robust economic performance is next to impossible.

But domestic savings remain low in the face of persistently high levels of public debt.

Such circumstances include, first, a high debt GDP ratio, with rising interest rates impeding growth.

Portugal has a 93 debt to GDP ratio and already has very high unemployment rate.

And once again, Portugal is not alone, Italy has a very high debt to GDP,

Financial markets responded by demanding much higher rates on the bonds of countries with high government debt ratios and banking systems weakened by excessive mortgage debt.

And, as Reinhart and Rogoff say, a correlation between high debt and low growth is a sign that one should investigate whether debt is a risk.

None the less, although it had diminished, the debt to export ratio remained high, and the debt servicing ratio remained higher than that of other regions.

High public debt is also being invoked in support of fiscal austerity in many developed countries.

The US will be crippled by its high debt, under performing economy, and discredited economic model.

Negotiations on the restructuring of the region apos s high multilateral debt needed to take place.

The fiscal disequilibria in Honduras and Nicaragua are very high, reflecting the external debt servicing burden.

Cleaning up high private sector debt and lowering public debt ratios by growth alone is particularly hard if a balance sheet crisis leads to an anemic recovery.

Most developing countries have cleaned up their financial and fiscal houses and do not carry high debt.