Sunday , November 24 2024
Home / Dirk Niepelt / Developing Countries Issue Sovereign Debt (Lots of)

Developing Countries Issue Sovereign Debt (Lots of)

Summary:
In the FT, Elaine Moore reports that “[d]eveloping economies are on course to raise a record sum on global debt markets this year, as ultra-low rates in the developed world cheapen borrowing costs for countries from Asia to South America.” By the end of the year, hard currency debt sales by countries such as Mexico, Quatar, Saudi Arabia and Argentina are expected to reach USD 125 billion.

Topics:
Dirk Niepelt considers the following as important: , , ,

This could be interesting, too:

Dirk Niepelt writes “Governments are bigger than ever. They are also more useless”

Dirk Niepelt writes The New Keynesian Model and Reality

Dirk Niepelt writes Urban Roadway in America: Land Value

Dirk Niepelt writes A Financial System Built on Bail-Outs?

In the FT, Elaine Moore reports that “[d]eveloping economies are on course to raise a record sum on global debt markets this year, as ultra-low rates in the developed world cheapen borrowing costs for countries from Asia to South America.” By the end of the year, hard currency debt sales by countries such as Mexico, Quatar, Saudi Arabia and Argentina are expected to reach USD 125 billion.

Dirk Niepelt
Dirk Niepelt is Director of the Study Center Gerzensee and Professor at the University of Bern. A research fellow at the Centre for Economic Policy Research (CEPR, London), CESifo (Munich) research network member and member of the macroeconomic committee of the Verein für Socialpolitik, he served on the board of the Swiss Society of Economics and Statistics and was an invited professor at the University of Lausanne as well as a visiting professor at the Institute for International Economic Studies (IIES) at Stockholm University.

Leave a Reply

Your email address will not be published. Required fields are marked *