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The World Bank's Debtor Reporting System (DRS), from which the aggregates and country tables presented in this report are drawn, was established in 1951. The debt crisis of the 1980s brought increased attention to debt statistics and to the World debt tables, the predecessor to Global...
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Fiscal policy is procyclical in developing countries. An ample literature has explained this fact and explored its consequences for aggregate cyclical fluctuations. Multilateral Development Banks (MDBs) are an important source of finance for governments and therefore play a role in the execution...
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Global Development Finance 2012:External Debt of Developing Countries isa continuation of the World Bank's publicationsGlobal Development Finance, Volume II (1997through 2009) and the earlier World Debt Tables(1973 through 1996). As in previous years,GDF 2012 provides statistical tables...
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