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  2. External debt - Wikipedia

    en.wikipedia.org/wiki/External_debt

    External debt measures an economy's obligations to make future payments and, therefore, is an indicator of a country's vulnerability to solvency and liquidity problems. [1]: xi–xii Another useful indicator is the net external debt position, which equals gross external debt minus external assets in the form of debt instruments.

  3. United States debt ceiling - Wikipedia

    en.wikipedia.org/wiki/United_States_debt_ceiling

    A protracted default could trigger a variety of economic problems including a financial crisis, and a decline in output that would put the country into an economic recession. [ 7 ] Management of the United States public debt is an important part of the macroeconomics of the United States economy and finance system, and the debt ceiling is ...

  4. International Covenant on Economic, Social and Cultural Rights

    en.wikipedia.org/wiki/International_Covenant_on...

    The Committee on Economic, Social and Cultural Rights also interprets the principle as imposing minimum core obligations to provide, at the least, minimum essential levels of each of the rights. [22] If resources are highly constrained, this should include the use of targeted programmes aimed at the vulnerable.

  5. National debt of the United States - Wikipedia

    en.wikipedia.org/wiki/National_debt_of_the...

    For every dollar of debt held by the public, there is a government obligation (generally marketable Treasury securities) counted as an asset by investors. Future generations benefit to the extent these assets are passed on to them. [111] As of 2010, approximately 72% of the financial assets were held by the wealthiest 5% of the population. [112]

  6. Default (finance) - Wikipedia

    en.wikipedia.org/wiki/Default_(finance)

    In finance, default is failure to meet the legal obligations (or conditions) of a loan, [1] for example when a home buyer fails to make a mortgage payment, or when a corporation or government fails to pay a bond which has reached maturity.

  7. Sovereign default - Wikipedia

    en.wikipedia.org/wiki/Sovereign_default

    A sovereign default is the failure or refusal of the government of a sovereign state to pay back its debt in full when due. Cessation of due payments (or receivables) may either be accompanied by that government's formal declaration that it will not pay (or only partially pay) its debts (repudiation), or it may be unannounced.

  8. Government debt - Wikipedia

    en.wikipedia.org/wiki/Government_debt

    Government debt is typically measured as the gross debt of the general government sector that is in the form of liabilities that are debt instruments. [2]: 207 A debt instrument is a financial claim that requires payment of interest and/or principal by the debtor to the creditor in the future.

  9. Economic, social and cultural rights - Wikipedia

    en.wikipedia.org/wiki/Economic,_social_and...

    The Universal Declaration on Human Rights (UDHR), adopted by the UN General Assembly in 1948, is one of the most important sources of economic, social and cultural rights. . It recognizes the right to social security in Article 22, the right to work in Article 23, the right to rest and leisure in Article 24, the right to an adequate standard of living in Article 25, the right to education in ...