March 14, 2019
Risks to global growth posed by high leverage in major economies - Senior Deputy Governor Carolyn A. Wilkins speaks before the Vancouver School of Economics and CFA Society Vancouver. (16:05 (Pacific Time), 19:05 (Eastern Time))
March 14, 2019 Global debt is now US$100 trillion higher than just before the financial crisis and more than three times global gross domestic product (GDP), presenting a headwind to growth and making the financial system vulnerable, Senior Deputy Governor Carolyn A. Wilkins said today.
March 14, 2019 Senior Deputy Governor Carolyn A. Wilkins discusses how high leverage is both a headwind to global growth and a vulnerability in the global financial system.