Debt Dynamics in Emerging and Developing Economies : Is R-G a Red Herring? /

In the wake of the COVID-19 pandemic, debt levels in emerging and developing economies have surged raising concerns about fiscal sustainability. Historically, negative interest-growth differentials in these countries have played a debt-stabilizing role. But is this enough to prevent countries from f...

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Bibliographic Details
Main Author: Moreno Badia, Marialuz
Other Authors: Gamboa-Arbelaez, Juliana, Xiang, Yuan
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2021.
Series:IMF Working Papers; Working Paper ; No. 2021/229
Subjects:
Online Access:Full text available on IMF