Lederman, Daniel; Nguyen, Ha; Rojas, Claudio J.; Yuting … - 2022
Public debt in developing economies rose at a fast clip during 2020-21, at least partly due to the onset of the global … shock. This paper empirically examines trends in debt and economic growth around the onset of three types of calamities …, namely natural disasters, armed conflicts, and external-debt distress in developing countries. The estimations provide …