Indeed, this financial repression tax on domestic savers remains a huge opaque source of funding for India s debt ridden government.

The trigger should be the domestic government itself.

That is why, for domestic debt disputes, countries have bankruptcy laws and courts.

The national debt of the United States (also referred to as the public debt or government debt) is the amount owed by the federal government of the United States.

A massive government subsidy package also accounted for domestic calm.

Budget deficits automatically increase government debt, requiring higher future taxes to pay the interest on that debt.

In fact, there are only two critical, unresolved issues facing its economy a high domestic debt (including restrictions that keep the financial sector as a forced holder of domestic debt) and an overvalued currency. ( See Table).

Domestic public debt today stands at roughly 205 of GDP, compared to around 85 in 1995.

Government revenues depend on the value of domestic output, not only consumption.

The government is also frequently borrowing millions of euros from domestic lenders.

Government debt will no longer be backed up by taxpayers assets.

Debtor countries pay substantial risk premiums for financing their government debt.

Nor could we find any convergence regarding government deficits and debt.

Public debt has soared, and the government says it cannot pay.

Given that the country's official debt constitutes the bulk of its overall public debt, the government wants it reduced.

Deepening domestic debt markets and perhaps change along the lines proposed by the IMF is sorely needed.

Once Japan s sovereign debt market becomes unstable, refinancing difficulties will hit domestic financial institutions, which hold a massive volume of public debt on their balance sheets.

Global and domestic markets, rather than China s government, will increasingly drive this transition.

Because the Government has not sufficiently liberalized domestic gas prices, manipulation is easy.

(Article 38) Currently, Chinese government and domestic funding organizations seldom support advocacy groups.

The government is now seeking to decontrol domestic interest rates, create a more robust domestic bond market, and finally remove capital controls.

Similarly, Israel s government has backed itself into a domestic policy trap of its own.

But this is because government bonds are purchased mostly by domestic organizations and households.

Second, from a debt holder s point of view, a government bailout is better.

But the problem of excessive government debt is not confined to the EU.

But there remain little new securitization and bank debt offerings without government backup.

In 1999, Finland boasted the smallest government debt, equal to 45.5 of GDP.

This time, the unemployment rate and household and government debt are much higher.

A global carbon tax would mitigate climate risks while alleviating government debt burdens.

They will buy the new government debt and leave all spending decisions unaltered.

While the result in terms of net public debt is neutral, reducing net foreign debt in the public sector which already is less than Brazil s international reserves and increasing domestic debt is not good business in terms of the cost of the official debt.

It said that Malaysia, Thailand and Singapore had the highest household debt to gross domestic product ratios in Asia.

An even starker example of the crucial difference between foreign and domestic debt is provided by Japan, which has by far the highest debt GDP ratio among OECD countries.

As usual, Japan's government reacted meekly, offering superficial complaints about China to assuage domestic displeasure.

Chief among these changes has been the adoption, in most countries, of flexible exchange rates and reduction of external debt, particularly government debt.

At that point, government debt will no longer be backed up by taxpayers assets.

Instead, they focused exclusively on US foreign debt, ignoring household debt (mortgage and consumer debt), public debt, business debt, and financial debt.

Ireland s government debt is expected to rise to almost 80 of GDP by 2010, whereas just a year ago the European Commission projected that Ireland s government debt would be below 30 of GDP.

Besides the total debt, the app displayed annual interest rate (3.3 ), and data such as daily interest (381,968 euros), average debt of every citizen (2,088 euros) and that the debt amounts to 49.18 of the gross domestic product (GDP).

Indeed, the huge expansion in emerging market domestic debt issuance in recent years has helped reduce market tensions (though continuing reliance by corporates on foreign debt still leaves many countries vulnerable).

In domestic affairs, no German government can avoid the Bundestags powerful committees and commissions, or force them to behave as the government wishes.

Incredibly, Japan was told to run huge budget deficits (reducing government saving) to boost domestic demand.

Incredibly, Japan was told to run huge budget deficits (reducing government saving) to boost domestic demand.

Reduced debt service costs would mean that the debt GDP ratio would start to fall, and government spending on infrastructure, education, healthcare, and redistribution could rise. Reduced government debt would also means more money available for private investment, providing a further boost to labor productivity.

And the government debt to GDP ratio is around 190 , compared to 120 in Greece.