International bond issuance by debut issuers has risen in recent years. The uptick was a result of both demand and supply factors. The search for yield and dema

International bond issuance by debut issuers has risen in recent years. The uptick was a result of both demand and supply factors. The search for yield and dema

This African Department Paper examines the rise in international sovereign bonds issued by African frontier economies and recommends policies for potential firs

This paper investigates to what extent low-income developing countries (LIDCs) characterized as frontier markets (FMs) have begun to be subject to capital flows

The current approach to resolving sovereign debt crises does not work: sovereign debt restructurings come too late and address too little. Though unresolved deb