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The Belgian government has debts equivalent to 117% of GDP; net interest payments equal more than 7% of GDP.
But they argued that the Amherst authors had also found lower growth rates when a country had debts equivalent to or greater than 90 percent of annual economic output.
Congress should pass a law mandating an interest rate on those debts equivalent to what banks charge consumers on credit card accounts, including a provision that increases the rate to the card maximum after a certain trigger.
China's largest bank, the Industrial and Commercial Bank of China (ICBC), says its branch in Chengdu, the capital of Sichuan province, has bad debts equivalent to 80% of its portfolio.
To rehabilitate Indonesia's banking system, I reckon the new government will have to take on debts equivalent to 40% of GDP.
A huge current account deficit, political uncertainty, external debts equivalent to 40% of GDP and spillover from Asia forced a currency devaluation and a managed float a year ago.
Similar(52)
Petrobras has net debt equivalent to four times its gross operating profit.
To do all this Mr Artamonov has run up debt equivalent to 54% of the region's annual tax take.
With public debt equivalent to more than 130% of GDP, the scope for further fiscal stimulus is limited.
Until Italy starts reducing its debt, equivalent to 120% of GDP, that is unlikely to be a priority for Mr Monti's government, or any other.
With general government debt equivalent to 160% of GDP, the public finances remain arguably the darkest cloud hanging over Japan's economy.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com