Economic think-tank hosted @CEPREMAP supported by @Gatesfoundation working on #development #finance #debt #multilateralism with partners across the Global South
Dec 6, 2022 • 12 tweets • 3 min read
New (and inaugural) FDL Working Paper! 🚨🚨🚨🚨
In "The coming debt crisis", findevlab.org/the-coming-deb… @ChAlbinet and @mkessler_DC look at sovereign external debt dynamics for 113 developing countries under simple assumptions and find that:
Under conditions prevailing in end-2021, debt service dynamics were deteriorating moderately. Debt service for the median LIC rises fast until 2023, but declines afterwards, dynamics for LMICs are more persistent