In the past five years alone, public debt in the poorest countries has increased from 36% of GDP to 51% of GDP.

Ceyla Pazarbasioglu |

© Thinkstock It was ten years ago, right before the global crisis when Lehman Brothers had not collapsed, and Fannie Mae and Freddie Mac had not been placed into conservatorship. For debt managers…

M. Coskun Cangoz |