False True 1 1 3 3 True True False Debt Load More Podcast When Sovereign Debt Breaks its Promise For decades, governments have been tapping into global sovereign debt markets to smooth ups and downs in revenue with the hope that it would help spur investment. But what happens when government borrowing fails to deliver? Mark Aguiar is the Director of the International Economics Section at Princeton University, and his research suggests that sovereign borrowing to stabilize the economy may have the opposite effect. MARK AGUIAR June 2024 The IMF Must Lead on Debt Sustainability Reform of its lending arrangements for middle-income countries is overdue MIA AMOR MOTTLEY June 2024 The Poisoned Chalice of Debt Sovereign borrowing—meant to spur investment and smooth ups and downs in revenue—may do just the opposite MARK AGUIAR Load More Related Links F&D Homepage F&D Topics F&D Authors Country Focus
