This article analyses the effect of changes in international financial markets on the debt dynamics in sub‐Saharan Africa in recent years. A key development is the rise of the private …
In this paper I assess the ability of econometric and machine learning techniques to predict fiscal crises out of sample. I show that the econometric approaches used in many policy …
Since the early 2000s, debt sustainability is assessed by the World Bank and the International Monetary Fund (IMF) through a policy template called Debt Sustainability …
L Alessi, C Detken - Economics Letters, 2014 - Elsevier
Sarlin (2013) suggests that if a loss function approach is chosen to derive the optimal threshold for financial crisis early warning indicators, the loss function specification should …
This paper estimates the determinants of external debt distress in low-income countries (LICs), disentangling the roles of institutions, shocks, and policies. The most prominent …
D Weerakoon - The Political Economy of Global Manufacturing …, 2023 - Springer
The taxonomy of external financing options available to emerging market economies (EMEs) has changed markedly over the last decade. This chapter examines the drivers of this global …
U Panizza - 2015 - repository.graduateinstitute.ch
When allocating their aid budget, development agencies need to decide whether to give outright grants or use concessional loans that blend a grant and credit element. Theory …
M Ferry, M Raffinot - Techniques financières & développement, 2016 - cairn.info
Au cours des trente dernières années, une quarantaine de pays à faible revenu ont bénéficié d'une série de réductions de dette culminant en 2005 avec l'annulation de la dette …
M Ferry, B Jonveaux, M Terrieux - MacroDev, 2021 - cairn.info
Les analyses et conclusions de ce document sont formulées sous la responsabilité de son auteur. Elles ne reflètent pas nécessairement le point de vue de l'AFD ou de ses institutions …