fbpx The Debt Pandemic - Carmen Reinhart and Kenneth Rogoff | Harvard Kennedy School

Abstract

September 2020, Paper: "The COVID-19 pandemic has greatly lengthened the list of developing and emerging market economies in debt distress. For some, a crisis is imminent. For many more, only exceptionally low global interest rates may be delaying a reckoning. Default rates are rising, and the need for debt restructuring is growing. Yet new challenges may hamper debt workouts unless governments and multilateral lenders provide better tools to navigate a wave of restructuring. The IMF, the World Bank..." Read Via Scholarship at Harvard

Non-HKS Author Website - Kenneth Rogoff