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

Apr 22, 2022

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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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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