For over three decades debt statistics published by the World Bank have provided the authoritative accounting of the external debt of developing countries. Governments, investors and bankers,…

Ibrahim Levent, Maryna Taran |

This blog post was co-authored with Dino Merotto, Tihomir Stucka, and Tau Huang.  The benefits of debt relief have persisted, although some countries may now be borrowing too quickly. Remember…

Mark Roland Thomas, Dino Merotto |

As European leaders convened in Brussels to find solutions—yet again!—to the debt crisis in the Euro zone, Kenyans are witnessing the old continent’s woes with a mix of surprise and self-…

Wolfgang Fengler |

The crisis in Greece and the Eurozone has escalated as depositors flee banks in fear not only of the consequences of sovereign default but also of Greece abandoning the Euro. Unfortunately, this…

Sergio Schmukler, Maria Soledad Martinez Peria |

The current policy debate on spurring growth is sometimes couched as a choice between fiscal stimulus and structural reform. In the context of the euro zone, this gives an incomplete picture. Two…

Zia Qureshi |