World-Wide Debt, Equity and Equity-related issuance reached record-breaking levels in 2003 with over $5 trillion in proceeds raised, surpassing 2001’s record of $4.4 trillion. The $5 trillion of borrowings represented 14% of the GDP flow during the year (4.938/36.3) (see world economy).
Debt issuance reported by Thomson Financial ($ billions and number of isses).
World-Wide Debt
- 2003: 4,938 (17,287) (Q4 2003 report)
- 2002: 3,938 (?) (Q4 2003 report)
Famous quotes containing the words global, debt and/or levels:
“However global I strove to become in my thinking over the past twenty years, my sons kept me rooted to an utterly pedestrian view, intimately involved with the most inspiring and fractious passages in human development. However unconsciously by now, motherhood informs every thought I have, influencing everything I do. More than any other part of my life, being a mother taught me what it means to be human.”
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