The chart below ranks government debt around the world. To put that in context, the US owes as much money as the next four countries with the highest debt including China ($14 trillion), Japan ($10.2 trillion), France ($3.1 trillion) and Italy ($2.9 trillion). Washington’s debt now stands at $31.4 trillion, raising further concerns about US government spending and borrowing costs. The United States has the world’s highest national debt with $30.1 trillion owed to creditors as of the first quarter of 2023. The IIF’s Global Debt Monitor covers 21 mature market economies including the eurozone as well as 30 emerging market countries. Government debt represents the outstanding financial liabilities of a country, made up of different categories such as loans and debt securities. The IIF predicts that global debt will continue to rise as government borrowing remains high, affected by factors such as ageing populations, geopolitical tensions, increased costs of healthcare and disparities in climate finance. Of the $305 trillion of debt, corporations account for $161.7 trillion (53 percent), governments owe $85.7 trillion (28 percent) and individuals comprise $57.6 trillion (19 percent). Global debt is the total amount of money owed by corporations, governments and individuals around the world. 2017 112:7-20.Global debt currently stands at $305 trillion, $45 trillion higher than before the COVID-19 pandemic, according to the Institute of International Finance (IIF) – a global association of the financial industry. Alcohol marketing and youth alcohol consumption: a systematic review of longitudinal studies published since 2008. Jernigan D, Noel J, Landon J, Thornton N, Lobstein T. National Adolescent Drug Trends in 2017: Findings Released. Miech R, Schulenberg J, Johnston L, Bachman J, O'Malley P, Patrick M. Youth Risk Behavior Surveillance-United States, 2015. The Extent to Which Tobacco Marketing and Tobacco Use in Films Contribute to Children's Use of Tobacco: A Meta-Analysis. Wellman R, Sugarman D, Difranza J, Winickoff J. Teens, social media, & technology overview 2015. Children, Adolescents, Substance Abuse, and the Media. Learn more about our research at Center for Innovative Public Health Research.Īcknowledgments: Thank you to Katie Nardo and Hannah Madison for their contributions to this blog. In looking at 12 recent studies of teen alcohol use and exposure to alcohol marketing, researchers at the Center on Alcohol Marketing and Youth (CAMY) found a strong connection between high intake of alcohol-related ads and binge-drinking behaviors.
As you probably know, the vast majority of American youth are spending quite a bit of time online, where they are likely viewing a proliferation of drug and alcohol references. One of the possible culprits is the prolific and glamorized use of drugs in the media, including alcohol and cigarette ads.
In thinking about what we as parents and other adults who care about youth can do to help curb teen substance use further, we must consider which factors are influencing and encouraging this potentially risky behavior. For instance, about one in 17 high school seniors report daily marijuana use. While there is reason to feel good about how our kids are doing today compared to previous generations, there is more work to be done to reduce substance use.
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