As public debt levels rise, increasing debt-servicing costs and the risk of debt distress, the need for action in attaining long-term debt sustainability intensifies. The Financing for Development process recognizes the impact of systemic risk and the external environment on debt sustainability and suggests actions to comprehensively address debt crisis prevention and resolution. Capacity building in debt management can help maintain debt sustainability in debtor countries, as can strengthening analytical tools for debt sustainability assessments along with other tools of debt crisis prevention and management.
Photo by Pau Casals
As public debt levels rise, increasing debt-servicing costs and the risk of debt distress, the need for action in attaining long-term debt sustainability intensifies. The Financing for Development process recognizes the impact of systemic risk and the external environment on debt sustainability and suggests actions to comprehensively address debt crisis prevention and resolution. Capacity building in debt management can help maintain debt sustainability in debtor countries, as can strengthening analytical tools for debt sustainability assessments along with other tools of debt crisis prevention and management.
Photo by Pau Casals
Debt and Debt Sustainability
The 2024 Financing for Sustainable Development Report: Financing for Development at a Crossroads finds that the world is…
Every year the Economic and Financial Committee (Second Committee) of the General Assembly deals with issues relating to economic growth and development such as macroeconomic policy questions and financing for development…
The global economy is facing multiple shocks that are reversing progress on the Sustainable Development Goals (SDGs). The pandemic, the fallout from the war in Ukraine, rising food and energy prices, and much tighter financial conditions leave many developing countries faced with impossible…
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Sustainable development prospects continue to diverge between developed and developing countries. The…