My new paper has just been posted by the Global Governance program at Carnegie. Debt sustainability analyses, produced by the IMF and World Bank, critically determine financing to and debt restructuring needed from low-income countries. I examine their framework (LIC-DSF), currently under review.
carnegieendowment.org
Getting Debt Sustainability Analysis Right: Eight Reforms for the Framework for Low-Income Countries
The pace of change in the global economy suggests that the IMF and World Bank could be ambitious as they review their debt sustainability framework.