This paper examines the impact of debt forgiveness and debt relief on official development assistance. From the … recipient side, the econometric analysis suggests that countries that received debt relief also received more aid compared to … those that did not qualify for debt relief. From the donor side, while the data indicate a decline in aid disbursement since …

In this paper, the author considers sovereign debt in the form of one-period government bonds with default risk, which … debt share also determines the default risk: a higher domestic debt share means a lower default risk, ceteris paribus …, which leads to a lower risk premium; while a lower domestic debt share means a higher default risk and a higher risk premium …

' interest by the borrowing government at the time of debt repayment, which captures the lenders' trust in the government …In this paper, the author considers the sovereign debt in the form of one-period government bonds with default risk …'s propensity to repay the debt and is denoted as », also determines the default risk: a higher » means a lower default risk ceteris …

head in the 50-59 age group) in Japan do not have inordinate amounts of debt and that their financial health is … satisfactory. However, we also find that households with a head in the 30-39 age group have shown a sharp increase in debt holdings … normalizes its monetary policy, especially since households have become more vulnerable to rising interest rates as the share of …

Rising public debt in sub-Saharan Africa remains a matter of concern. We provide an analysis of public debt and debt … sustainability in Tanzania, focusing on external debt. Though current and previous analyses using the IMF-World Bank debt … sustainability framework indicate low risk of public external debt distress, these analyses are sensitive to exchange rate volatility …

In the analysis of public and external debt sustainability the National Bank of the Republic of Macedonia is actively … using the IMF's Debt Sustainability Analysis (DSA) framework. The aim of our analysis is to improve the analytical power of … determine public and external debt dynamics, within the IMF's standard debt sustainability framework. VAR estimation is used in …

interest payments on debt are not to explode. … interest net of taxes that exceeds the real growth rate will not generate explosive interest flows, even when the government is …

: the primary balance, real GDP growth, real interest rates, and exchange rates. We study New Zealand's debt dynamics over …), while the automatic debt dynamics (the interest-growth differential and exchange rates) are relatively benign. …This paper develops a framework to decompose the change in New Zealand's public debt ratio into four component effects …

tied to the condition that interest rates on debt are above the growth rate of GDP. This report analyses the methodology … are disentangled from the debt dynamics which mainly stem for assumptions related to rising interest rates … which are predominately a result of rising real interest rates. The assessment of "implicit" public debt due to aging …

not consistent. If the Domar equation is observed, the changing relationship between interest rates on public debt and …The origins of the reference values for budget deficits and public debt (3 and 60 per cent of GDP) in the euro area are … unconvincing. In particular the debt cap is scrutinised, often considered as a precondition for debt sustainability. Since the …