Finance ministers should stay away from debt negotiations because their interests are more short term.
Articles on Foreign debt
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A 2010 constitution offered Kenyans economic and social rights that have faded in the face of mounting national debt.
The conditions placed on countries borrowing money from the International Monetary Fund have further disadvantaged these countries economically.
Ghana’s finance ministry is struggling to build consensus on the country’s debt burden.
Debt is becoming unaffordable.
An expert on Sri Lanka’s economy identifies and explains three key challenges that Ranil Wickremesinghe will have to overcome if he hopes to steer the country out of its crisis.
Global economic policy excludes low-income countries from the spending options that developed nations use to buffer their economies in times of crisis, and the pandemic has inflamed that inequality.
China, Russia and the International Monetary Fund are among those contemplating a Venezuela bailout. But help for this debt-stricken nation seems far from assured.
Treasurer Scott Morrison says the government will take on more ‘good debt’ to boost productivity when current spending is under control.
Independent senator Nick Xenophon told Q&A that foreign debt is approaching $1 trillion, up from $74 billion the previous year. Is that right?
At least a dozen sub-Saharan Africa countries have raised debt through sovereign bonds. The chickens are now coming home to roost.
Deputy Prime Minister Barnaby Joyce said that when the Coalition lost government in 2007, Australia was owed billions by the world – but that when the Coalition regained power in 2013, Australia was in debt. Is that right?
South Africa’s current economic situation is reminiscent of events in 1985 when the economy nearly collapsed. This article, first published last year, looks at the similarities.
The expected departure of Ngozi Okonjo-Iweala as Nigeria’s finance minister will leave Nigeria and sub-Saharan Africa without a significant voice in the IMF and World Bank.
Election campaigns in Australia often seem to crystallise around the dire performance of a single economic indicator. In the 1996 election, it was the size of Australia’s foreign debt (Peter Costello argued…
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