Debt

Every debt crisis begins with unheeded warnings and ends with severe limits on investment in education, health, and infrastructure among other things. These crises often spark civil unrest and…

Marcello Estevão, Sebastian Essl|

Rising debt and record-high commodity prices are tempting many developing countries to pledge their natural resources to secure the financing they so urgently need. They should tread carefully: a…

Marcello Estevão, Diego Rivetti, David Mihalyi|

With the pandemic-induced economic slowdown, the impact of the war in Ukraine, and the rise of interest rates, many countries are facing severe challenges in servicing their debt.

Carmen Reinhart, Takahiro Tsuda, Nada Hamadeh, Diego Rivetti|

Beyond its potential to delay restructuring talks or even send an economy into tailspin, hidden debt also prevents borrowers and lenders from making informed and responsible financing decisions.…

Marcello Estevão|

The pandemic recovery has always been uneven. According to analysis based on the International Monetary Fund’s most recent World Economic Outlook, per capita income hit a new high in almost 37% of…

Carmen Reinhart, Leora Klapper|
Image
Debt