等你来投！《清华金融评论》2026年2月刊“全球债务持续高增长” 征稿启事

Core Viewpoint - The article discusses the ongoing high growth of global debt, driven by a loose financial environment, a weakening dollar, and more accommodative policies from major central banks. It highlights the risks associated with debt growth outpacing economic output, leading to potential financial instability and a cycle of increasing concern among investors [2][4]. Group 1: Global Debt Growth - Global debt is experiencing sustained high growth, raising concerns about its sustainability and the potential for financial crises [4]. - The rapid increase in debt compared to economic output can lead to significant interest expenses, which may crowd out essential government spending on education, healthcare, and infrastructure [4]. - Emerging markets are identified as the most vulnerable segment within the global debt chain, facing heightened risks from rising debt levels [4]. Group 2: Policy Responses and Implications - The article emphasizes the need for countries to seek a balance between growth, risk prevention, and maintaining livelihoods in the face of rising debt [4]. - It calls for an analysis of how different countries can respond to the challenges posed by high debt levels, particularly in a high-interest rate environment, which may lead to capital outflows and currency depreciation in emerging markets [4]. - The editorial team of Tsinghua Financial Review is inviting contributions to explore various aspects of global debt, including its impacts and potential policy measures [5][8]. Group 3: Submission Guidelines - The article outlines submission guidelines for contributions, including a word count of 4000 to 6000 words, originality, and a deadline for submissions by January 10, 2025 [9][11]. - Authors are encouraged to provide a brief biography, contact information, and an academic resume along with their submissions [11].