世界银行：2024发展中经济体公共债务对私人投资的分配挤出效应（英文版）

The Covid-19 pandemic forced a sharp rise in global public debt as government revenue collapsed and government expenditures rose. As a result, global average general government debt rose from 84 percent of GDP in 2019 to 99 percent in 2020. In emerging market economies, average general government debt rose from 52 percent of GDP in 2019 to 64 percent in 2020 (IMF, 2021). In 2021, the share of debt in global GDP fell, due to economic recovery, but remains elevated and is projected to rise again i