Living with Debt: How to Limit the Risks of Sovereign Finance

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"Living with Debt" focuses on how to manage sovereign debt safely and effectively. The report traces the history of sovereign borrowing in Latin America, releases a new data set on public debt, and analyzes debt's evolution, highlighting the recent trend toward higher domestic debt and lower external borrowing. Also included is a detailed study of the costs of sovereign defaults, such as those that have affected Latin American countries in recent years.

Living with Debt: How to Limit the Risks of Sovereign Finance 2007, Harvard University Press, Cambridge

ISBN-13: 9781597820332

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