What lessons can we learn from 200 years of public debt?
The history of sovereign debt has evolved over time along with the purposes for which governments borrowed. Here, the economic and political circumstances that made debt consolidation epi...
Asmaa El-Ganainyis a Deputy Division Chief at the IMF’s Institute for Capacity Development (European and Middle Eastern Division). Previously, she contributed to the IMF’s surveillance, lending, research, and capacity development work at the European and Fiscal Affairs Departments.