Debt in low-and middle-income economies has climbed to levels without precedent in modern times, writes the World Bank's Marcello Estevão.

Learn how one country's debt crisis can affect other nations, including how currency values, inflation, and output could be affected on a global scale.

The Climate Vulnerable Forum's Vulnerable Twenty Group (CVF-V20) represents 74 climate-vulnerable countries and 1.7 billion ...

"Our member countries were gaining access to international capital markets—but without proper training. Often, the result was poor terms. But now, debt sustainability analysis is integrated into ...

Governments in the study spend 10 to 30 times more on servicing external debt than on climate action. In Kenya, for every $1 ...

COLUMN. Increased public spending and higher tax rates have only created the illusion of a productive system and effective ...

President William Ruto has called for urgent and effective debt restructuring and refinancing for Africa’s most distressed economies.He warned that without decisive action, the continent’s commitments ...

The record number of developing nations at risk of a debt crisis will be high on the agenda next week when central bankers, finance ministers and political leaders convene for the World Bank Group ...

Global debt is surging. The year 2020 saw these debts rising by 30 percentage points to 263% of GDP, marking the single most significant increase since the 1970s.

President Obama delivers a speech at George Washington University to ouline his vision on how to reduce the debt and deficit.