The book presents and discusses policy-relevant research on the current debt challenges which developing, emerging market and developed countries face. Its valu

Although banking and sovereign debt crises are not unusual, the crisis that has unfolded across the world since 2007 has been unique in both its scale and scope

Recent events have shown that sovereigns, just like banks, can be subject to runs, highlighting the importance of the investor base for their liabilities. This

This book is an attempt to build some structure around the issues of sovereign debt to help guide economists, practitioners, and policymakers through this compl

This new annual publication from the World Bank Group provides an overview and assessment of financial sector development around the world, with particular atte