Debt has always been associated with development and structural transformation. In the era of hyper-globalization, however, while debt has become a dominant driver of global growth it has failed to deliver a strong surge in productive investment, instead fueling financial speculation.?
In this environment, developing countries have seen debt transformed from a long-term financing instrument to help unleash their future growth potential into a potentially high-risk financial asset subject to the vagaries of international financial markets and proliferating short-term creditor interests.
We provide timely analysis of the most important developments and emerging issues in international debt and adapt our technical assistance to the changing needs of developing countries.
Publications
Explore the data
