debt

More from the Series

POLICY PAPERS
Rising Debt Burdens, The Impact on Public Spending, and the Coronavirus Crisis
Tim Jones
December 10, 2020
Even before the coronavirus crisis, since 2011 debt payments have grown rapidly for lower income countries. In this paper we analyse debt payments for 63 countries with figures available from the IMF and World Bank.
Blog Post
The EU’s Global Recovery Initiative: A Paper Tiger or the Markings of a Geopolitical Commission?
Samuel Pleeck
and
Mikaela Gavas
December 04, 2020
This blog sets out the EU’s position as an international creditor and offer thoughts for what role the EU could play in debt relief.
Blog Post
The White House and the World: Practical Proposals for Resetting US Engagement in Developing Countries
Scott Morris
and
Erin Collinson
December 03, 2020
When President-Elect Biden takes office in January, he will face a daunting set of challenges in the US wrought by the COVID-19 pandemic. His administration’s core agenda will necessarily be shaped by the twin imperatives of containing the virus itself and supporting Americans as they weather the ec...
WHITE HOUSE AND THE WORLD POLICY BRIEFS
A Plan to Address the COVID-19 Debt Crises in Poor Countries and Build a Better Sovereign Debt System
Clemence Landers
December 03, 2020
Swift and orderly action on international debt is a moral, political, economic, and security imperative for the United States. A series of disorderly and protracted debt crises would be catastrophic for the world’s poorest countries. A Biden administration can raise the G20’s ambition level to avert...
Blog Post
Sustaining Low-Income Countries’ Progress Towards the SDGs in a Post-COVID 19 World: What is Achievable?
Mark Plant
and
Sudhir Shetty
November 30, 2020
Following on from the “Financing Low-Income Countries: Towards Realistic Aspirations and Concrete Actions in a Post-COVID World" conference in October, Mark Plant and Sudhir Shetty outline some of the key themes discussed at the conference. 
CGD NOTES
Bargaining with Beijing: A Tale of Two Borrowers
Alysha Gardner et al.
November 18, 2020
We examine the behavior of Chinese government lenders in two debt rescheduling episodes: a “low stakes” case involving Seychelles and a “high stakes” case involving the Republic of Congo. The fact that the Republic of Congo was worse off after rescheduling its debts with Beijing underscores the impo...
WORKING PAPERS
New DAC Rules on Debt Relief – A Poor Measure of Donor Effort
Euan Ritchie
October 07, 2020
The Development Assistance Committee (DAC) recently produced a long-awaited set of rules for how debt relief on loans should be scored as Official Development Assistance (ODA). Unfortunately, the rules suffer from a number of statistical problems and the DAC needs to take these rules back to th...