This topic guide is an introduction to the economics of Debt Sustainability and Debt Management for development economists and practitioners.
It outlines debt developments of recent decades such as the various options for sovereign debt restructuring including the Heavily Indebted Poor Countries (HIPC) Initiative and the Multilateral Debt Relief Initiative (MDRI), and the introduction and subsequent revisions of the World Bank-IMF Debt Sustainability Framework (DSF) used to assess a country’s risk of debt distress.
Mustapha, S.; Prizzon, A. Debt Sustainability and Debt Management in Developing Countries. EPS PEAKS, UK (2015) 59 pp.