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Assessing public debt sustainability in Mauritania with a stochastic framework (English)

This work presents a stochastic framework for assessing public debt sustainability and applies it to the case of Mauritania. The sustainability assessment projects solvency and liquidity indicators -- public debt stock and gross financing needs relative to GDP -- for 2014-23. ... See More +

Policy Research Working Paper WPS7088 NOV 01, 2014

Baghdassarian, William; Mele, Gianluca; Pradelli, Juan

Domestic public debt in low-income countries : trends and structure (English)

This paper introduces a new data set on the stock and structure of domestic debt in 36 low-income countries over the period 1971-2011. It characterizes the recent trends regarding the do-mestic public debt of low-income countries and explores the relevance of different arguments put forward on the benefits and costs of government borrowing in local public debt markets. ... See More +

Policy Research Working Paper WPS6777 FEB 01, 2014

Bua, Giovanna; Pradelli, Juan; Presbitero, Andrea F.

Financing infrastructure and monitoring fiscal risks at the subnational level (English)

This paper explores the building blocks of an institutional framework to govern borrowing by subnational entities to finance infrastructure investment. ... See More +

Policy Research Working Paper WPS6069 MAY 01, 2012

Liu, Lili; Pradelli, Juan