The Brookings Institution and the Financial Times have released an update to the "Burden of Public Debt Around the World" interactive feature, which reflects the sovereign sovereign debt crisis in Europe and issues surrounding the U.S. debt ceiling debate. Brookings Senior Fellow Eswar Prasad and his colleague Mengjie Ding illustrate how the ongoing debt burden in advanced economies is now a global threat. The interactive feature at FT.com illustrates the vast difference in public debt held by … [Read more...]