FDL regularly hosts independent analyses and opinions on this space, we are grateful to host this external contribution by Alex Dryden and Uli Volz. Alex Dryden is a PhD student in economics and a Doctoral Research Fellow at the Centre...
With many thanks to Jean Courtial for his help in modelling the value of complex instruments, and Ishac Diwan, Stephen Paduano, Adil Ababou, Ugo Panizza and Anahi Wiedenbrug for their comments Last week, Ethiopia and its bondholders came to an...
As governments rely more on domestic debt, this paper examines the implications for sovereign debt sustainability and asks whether the IMF's LIC Debt Sustainability Framework (LIC DSF) remains suited to this changing reality. The paper shows that domestic and external...