IMF Warns of Global Debt Risks Amid Low Interest Rates

The transcript discusses the state of global debt, highlighting the $188 trillion figure and its implications for world GDP. It examines the differences in debt levels between advanced and emerging economies, focusing on the G20. The conversation also covers debt service costs, the impact of low interest rates, and the risks associated with debt accumulation. A significant portion is dedicated to Germany's fiscal policy, suggesting that Germany should leverage its fiscal space for economic growth and transition to a green economy.

What is the significance of the debt service as a percentage of GDP?

What are the potential risks associated with the accumulation of debt by non-financial corporations?

How do advanced economies differ from emerging markets in terms of debt accumulation?