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Crisis preparedness and debt management in low income countries : strengthening institutions and policy frameworks (English)

The magnitude of the public liabilities incurred as a result of the unprecedented government action in the wake of the financial crisis of 2008-2009, and the consequences of exiting from the projected high debt scenario, have become a major source of concern about a future sovereign debt crisis. As Low-Income Countries (LICs) face unique challenges in debt management (DeM) due to their more limited financing sources and higher capacity constraints...
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O'Boyle,William Gamboa; Prasad,Abha; Togo,Eriko; Weist,Dana.

Crisis preparedness and debt management in low income countries : strengthening institutions and policy frameworks (English). Policy Research working paper|no. WPS 5372 Washington, DC: World Bank. http://documents.worldbank.org/curated/en/631961468338471946

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