Category: Research Reports

  • Chronicles of Debt Crises Foretold

    Anis Chowdhury and Jomo Kwame Sundaram, Originally published on Wiley Online Library, 5 Sept 2023. Also published on IDEAS Blog. / / The debt crises looming in developing countries are being exacerbated by changing debt composition. Declining net foreign exchange earnings have worsened their predicament. As concessional development finance declined, many governments turned to riskier…