Debt vulnerabilities in low-income countries have increased substantially in recent years. Since 2013, median government debt has risen by about 20 percentage points of gross domestic product and increasingly comes from non-concessional and private sources. As a result, in most low-income countries, interest payments are absorbing an increasing proportion of government revenues. The majority of low-income countries would be hard hit by a sudden weakening...
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INFORMATION
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2019/03/25
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Document de travail de recherche sur les politiques
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WPS8794
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1
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1
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2019/03/25
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Disclosed
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Debt in Low-Income Countries : Evolution, Implications, and Remedies
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public debt