Kose, M. Ayhan; Ohnsorge, Franziska; Sugawara, Naotaka - 2020
Government debt has risen substantially in emerging market and developing economies (EMDEs) since the global financial … debt levels. Considering currently subdued investment, additional government borrowing might also appear to be an … suggests caution. Despite low interest rates, debt was on a rising trajectory in half of EMDEs in 2018. In addition, the cost …