Explore the definition of foreign debt, its rise, and economic impacts. Learn about challenges like debt crises and effects on growth and human rights.

Learn what external debt is, its types, and how it contrasts with internal debt. Understand the implications of foreign borrowing for a country’s economy.

When you get a loan — whether it’s a car loan, home loan, student loan, personal loan or loan from a family member — you assume a debt and become a debtor. According to the Federal Reserve Bank of New ...