The paper reviews the dynamics of the financing baseed its analysis on the rich dataset of AidData ranging over 1993-2010, with around 9,077 observations on projects funded in Senegal by various multilateral as well as bilateral donors. The study started in the same year as the establishment of...

The 2005 World Summit Outcome (United Nations, General Assembly 2005b, pp. 7-8) noted that debt relief can be an important source of capital for development. Since debt relief for developing countries is currently determined by assessments of what is considered a sustainable external debt...

Spain´s sovereign crisis has many sides and causes. An unviable economic model and an insolvent financial sector generated a private sector crisis that rapidly spread to the Government´s balance sheet. The public sector itself had –and continues to have- its own serious dysfunctions. One of...

This paper investigates the major drivers of the public debt growth in 184 countries. The underlying cross-country survey is conducted on the basis of the improved compilation of datasets on the central government debt for 2013. The study finds that oil abundance, economic growth rate, the share...

Vor allem in Südeuropa hat sich die Staatsverschuldung von den Vorgaben des europäischen Stabilitäts- und Wachstumspakts weit entfernt, sodass die Tragfähigkeit der Staatsfinanzen mitunter angezweifelt wird. Dieser Beitrag untersucht die mögliche weitere Entwicklung der Staatsschuldenquoten...

Debt in emerging market and developing economies (EMDEs) is at its highest level in half a century. In about nine out of 10 EMDEs, debt is higher now than it was in 2010 and, in half of the EMDEs, debt is more than 30 percentage points of gross domestic product higher. Historically, elevated...

Debt in emerging market and developing economies (EMDEs) is at its highest level in half a century. In about nine out of 10 EMDEs, debt is higher now than it was in 2010 and, in half of the EMDEs, debt is more than 30 percentage points of gross domestic product higher. Historically, elevated...

This paper investigates the major drivers of the public debt growth in 184 countries. Our analysis consists in a cross-country survey, which is conducted on the basis of the improved compilation of datasets on the central government debt for 2013. In order to differentiate between...

Based on the “ABC” approach targeted to assess all available sources of financing (official development finance, private investment, domestic resources, and remittances), the Viet Nam country pilot study explores the challenges of transition finance in a middle-income country in the...