Home » Major Trends and Insight, Podcasts » Pervasive Public Debt Hampering Global Economies


June 1, 2012

Pervasive Public Debt Hampering Global Economies

Public debt continues to burden many countries, especially in Japan where the government has put money toward bailing out banks, designing spending programs and repairing damage from the 2011 tsunami disaster. Euromonitor’s government, labor and education research manager, Carrie Lennard, explains that in order to raise money, Japan will raise its consumption tax. This tax increase will have a negative effect on consumer spending. The United States is also struggling with high public debt due to spending on wars in Iraq and Afghanistan, and the automotive industry bailout. Lennard also gives several examples of countries where public debt is being reduced.

Download this episode as an MP3

ITunes10 Subscribe to our podcasts on iTunes 

 


« Will Tesco’s Foray into the UK Fashion Market Prove to be a Success? | Main | Every Consumer, Every Occasion: Corporate Strategies in Consumer Foodservice »

Comments

Feed You can follow this conversation by subscribing to the comment feed for this post.

Verify your Comment

Previewing your Comment

This is only a preview. Your comment has not yet been posted.

Working...
Your comment could not be posted. Error type:
Your comment has been saved. Comments are moderated and will not appear until approved by the author. Post another comment

The letters and numbers you entered did not match the image. Please try again.

As a final step before posting your comment, enter the letters and numbers you see in the image below. This prevents automated programs from posting comments.

Having trouble reading this image? View an alternate.

Working...

Post a comment

Comments are moderated, and will not appear until the author has approved them.

Subscribe

 RSS Feed

Receive New Posts via Email:

 

Join us on...


View our YouTube Channel Follow Euromonitor on Twitter Become a Fan on Facebook Connect with Euromonitor on LinkedIn

Filter by Category

Filter by Geography

Filter by Industry

Recent Posts

IFA 2014 Review: All About Lifestyle Changes

Which Countries Have the Highest-Spending Middle Class Households?

Fashion E-tailing: Innovation Hotspots, Omni-channel and Mobile Development

Wearable Devices: The Future of Consumer Electronics and Health and Wellness

Euromonitor to Speak at The Luxury Society Keynote Conference

Euromonitor to Speak at CPhI Worldwide

Top Five Soft and Hot Drinks Trends in the Middle East and North Africa

Why do Consumers Prefer Local Products?

Health and Wellness: Global Performance in 2014

Highlights in Health and Wellness in 2014