Intro -- Table of Contents -- Acknowledgments -- The View from Washington: Six Democrats and Six Republicans Talk About Debt -- Chapter 1: What Are Deficits and Debt, and Why Are They Growing? -- Chapter 2: Balancing and Unbalancing Our Budget: A History of Government Debt in the United States...

"Despite the popularity of the term among advocates of debt forgiveness, there is little agreement on a workable definition of "odious" debts and there are but few examples where the concept has been invoked in law to justify non-payment of sovereign debts. Most often, these have been cases when...

The increased access of African countries to international capital markets has put public debt sustainability once again high on the continentś policy agenda. Utilizing the "stabilizing primary balance" approach, we find that the primary balances exceeded those required to keep public debt at...