Economic Progress

These strategies will limit the impact of private debt on the global economic recovery

Hands holding open an empty wallet

Post-pandemic levels of household debt vary from country to country. Image: Unsplash/Towfiqu barbhuiya

Silvia Albrizio
Economist, The World Economic Studies Division of the IMF Research Department
Sonali Das
Senior Economist, The World Economic Studies Division in the IMF's Research Department
Christoffer Koch
Economist, The World Economic Studies Division in the IMF's Research Department
Jean-Marc Natal
Deputy Chief in the World Economic Studies Division, IMF’s Research Department
Philippe Wingender
Senior Economist, The World Economic Studies Division of the IMF's Research Department
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Economic Progress


Beyond GDP: read the full transcript here

Charts showing differing levels of household debt in advanced and emerging market economies
Household debt burdens appear to have worsened in some nations, while others have seen improvements. Image: IMFBlog/IMF staff calculations

Charts showing effects of macro policy tightening, percentage change
Fiscal and monetary policy tightening can have negative impacts on consumers and businesses. Image: IMFBlog/Allen, Kolerus, and Xu (2022); Bureau van Dijk Orbis; and IMF staff calculations
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Economic ProgressInequalityGlobal Governance
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