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Are Developing Countries Facing a Possible Debt Crisis?

Author

Listed:
  • Amy Smaldone
  • Mark L. J. Wright

Abstract

An analysis looks at whether developing countries are facing pressures similar to those in the 1980s, when higher interest rates helped trigger a wave of defaults in sovereign debt.

Suggested Citation

  • Amy Smaldone & Mark L. J. Wright, 2023. "Are Developing Countries Facing a Possible Debt Crisis?," On the Economy 96745, Federal Reserve Bank of St. Louis.
    • Handle: RePEc:fip:l00001:96745
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    File URL: https://www.stlouisfed.org/on-the-economy/2023/sep/are-developing-countries-facing-possible-debt-crisis
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    Keywords

    sovereign debt; default; developing countries;
    All these keywords.

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