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Getting debt sustainability right in developing countries
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The Business & Financial TimesReposted by 
Jamaica Gleaner
Jamaica GleanerGetting debt sustainability right in developing countries
By Kevin P. GALLAGHER, José Antonio OCAMPO &Kunal SEN A slowing global economy, rising trade tensions, and increased risks of recession could mean a perfect storm for low- and middle-income countries (LMICs) burdened by high sovereign debt. Faced with exorbitant borrowing costs and an increasingly jittery international environment, these countries’ potential for economic growth and development will be severely curtailed. Given the circumstances…
·Accra, Ghana
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