BEIRUT/YAOUNDÉ :Why are low- and lower-middle-income countries’ (LLMICs) external borrowing costs so high? The issue has featured prominently in global debates this year. The Sevilla Commitment (the outcome of the Fourth International...
WASHINGTON, DC/PARIS: If developing economies found it hard to manage their debts in 2023, they are likely to face even more formidable challenges this year. Though most possess relatively small debt stocks and are not considered insolvent,...