advanced ones. As a consequence, the IMF has engaged in “serial lending”, with programs often spanning decades. Moreover, the …, as the needs of its clients and the type of crisis changed substantially over time. Some deceptively “new” IMF activities … are not entirely new. Before emerging market economies dominated IMF programs, advanced economies were its earliest (and …

advanced ones. As a consequence, the IMF has engaged in "serial lending", with programs often spanning decades. Moreover, the …, as the needs of its clients and the type of crisis changed substantially over time. Some deceptively "new" IMF activities … are not entirely new. Before emerging market economies dominated IMF programs, advanced economies were its earliest (and …

advanced ones. As a consequence, the IMF has engaged in "serial lending", with programs often spanning decades. Moreover, the …, as the needs of its clients and the type of crisis changed substantially over time. Some deceptively "new" IMF activities … are not entirely new. Before emerging market economies dominated IMF programs, advanced economies were its earliest (and …

advanced ones. As a consequence, the IMF has engaged in "serial lending", with programs often spanning decades. Moreover, the …, as the needs of its clients and the type of crisis changed substantially over time. Some deceptively "new" IMF activities … are not entirely new. Before emerging market economies dominated IMF programs, advanced economies were its earliest (and …

Official (government-to-government) lending is much larger than commonly known, often surpassing total private cross … comprehensive long-run dataset of official international lending, covering 230,000 loans, grants and guarantees extended by … large, easily surpassing the scale of total international bailout lending after the 2008 crash. During peacetime …

Official (government-to-government) lending is much larger than commonly known, often surpassing total private cross … comprehensive long-run dataset of official international lending, covering 230,000 loans, grants and guarantees extended by … large, easily surpassing the scale of total international bailout lending after the 2008 crash. During peacetime …

Official (government-to-government) lending is much larger than commonly known, often surpassing total private cross … comprehensive long-run dataset of official international lending, covering 230,000 loans, grants and guarantees extended by … large, easily surpassing the scale of total international bailout lending after the 2008 crash. During peacetime …

Official (government-to-government) lending is much larger than commonly known, often surpassing total private cross … comprehensive long-run dataset of official international lending, covering 230,000 loans, grants and guarantees extended by … large, easily surpassing the scale of total international bailout lending after the 2008 crash. During peacetime …

Sovereign governments owe debt to many foreign creditors and can choose which creditors to favor when making payments …. This paper documents the de facto seniority structure of sovereign debt using new data on defaults (missed payments or … arrears) and creditor losses in debt restructuring (haircuts). We overturn conventional wisdom by showing that official …

percent of GDP. The resulting debt burden is no longer sustainable and even a record USD 57 billion aid package by the IMF …Argentina is again experiencing a severe debt and currency crisis in the middle of an election campaign that could end … foreign currency debt, coupled with high inflation and depreciation pressures. The Macri government has borrowed nearly USD 45 …