global crowding out


The economic situation that occurs when government borrowing is so excessive in one country that it causes higher interest rates in another. For example, if China borrows a large amount of U.S. dollars from the United States, the United States would likely see an increase in interest rates due to the lower supply of U.S. dollars.
Browse Definitions by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
global bond global debt facility