Fiscal discipline is again in the spotlight as countries debate how to best respond to the current COVID-19 crisis. Throughout the pandemic, many governments have relied on debt to support…
Well-functioning and liquid domestic debt markets provide a stable source of funding during normal times and a buffer during times of crisis.
Policy Research Working Paper series publication roundup for the weeks of March 29 and April 5
World Bank Group President David Malpass summarizes some of the events he had a chance to attend or speak at during the 2021 Spring Meetings.
In this column, we review some of the features of past episodes of default and restructuring of sovereign external debts with a focus on the 1980s and the 1930s.
The COVID-19 pandemic has pushed about 120 million people into extreme poverty over the last year in mostly low- and middle-income countries, according to estimates by World Bank researchers.
Financial institutions around the globe are facing a marked rise in nonperforming loans. COVID-19 is also a regressive crisis, disproportionally hitting low-income households and smaller firms…
The 2021 Spring Meetings will take place from April 5 -11.
Together with World Bank Group and IMF leadership and top experts, this year’s speakers include leaders from government, business, international organizations, and civil society.
The number of low-income countries eligible for debt-service relief has doubled in the last decade. Here’s how to help them.