Economics, Econometrics and Finance
8 years ago

Japan to Dominate Global Debt Market, IMF Predicts Record Levels.

Routledge eBooks
Further reforms of the JGB market for the promotion of regional bond markets
S. Ghon Rhee

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The article discusses the Japanese government's issuance of bonds, which has surpassed that of the US Treasury. Japan is predicted to maintain its position as the largest issuer of government debt globally. The International Monetary Fund forecasts that Japan's government debt will reach 139.5% of its GDP in 2001, while the US and UK are expected to have lower debt levels relative to their GDPs.