External debt refers to the total amount of money that a country owes to foreign creditors. It encompasses loans, bonds, and other financial obligations that must be repaid in foreign currencies. For many nations, external debt serves as a means to finance development projects or address budget deficits. However, excessive reliance on foreign borrowing can pose significant risks, including vulnerability to economic downturns and currency fluctuations. Managing external debt levels effectively is crucial for maintaining economic stability and ensuring sustainable growth. Governments must balance the benefits of accessing international capital markets with the need to avoid over-indebtedness and its associated pitfalls.

👋 Hey! Welcome to World Data 3D 🌎
My name is Timur. I'm professional 3d modeling artist. I make my videos with Unity 3d and Blender software.

Here are the main steps how I create a video 💻📽 :
💡 First of all I come up with a topic. Then I collect the necessary information from statistical sites, forums, discussions in various communities (All sources can be found below). Then I start assembling the scene. When the scene is ready, with the help of a neural network, I create unique cantileveres and make a preview. After this I'm looking for music on youtube creative studio or fair use sites. Finally I do video editing with Adobe Premiere Pro and Adobe After Effects.

⚠
My videos are for entertainment purposes only.
Figures and facts at the time of creating video and watching it - may be strikingly different. Everything is purely individual. Don't forget about this.
All the videos are created by myself. Copying without permission - prohibited
⚠

🎵 Song: Naeleck - Burning Wish (feat. Roniit) [NCS Release]
Music provided by NoCopyrightSounds
Free Download/Stream: http://ncs.io/BurningWish
Watch: http://ncs.lnk.to/BurningWishAT/youtube
🎵 Song: Shiah Maisel & Clarx - Done Better (feat. AViVA) [NCS Release]
Music provided by NoCopyrightSounds
Free Download/Stream: http://ncs.io/DoneBetter
Watch: http://ncs.lnk.to/DoneBetterAT/youtube

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My social networks ⬇⬇⬇
LinkedIn -   / timur-gorgodze-981546b0  
TikTok -   / worlddatavideo  
Instagram -   / timurgorgodze  

👔 For business inquiries: 👉 [email protected]

DISCLAIMER: This comparison is based on public data, surveys, public comments & discussions and approximate estimations that might be subjected to some degree of error