The Costs and Consequences of Sovereign Borrowing

M Aguiar - IMF Economic Review, 2024 - Springer
In this lecture, I revisit whether sovereign debt markets have delivered on their promise of
fostering growth and enhancing risk sharing in emerging and developing economies. I use …

[PDF][PDF] The Costs and Consequences of Sovereign Borrowing

M Aguiar - 2023 - markaguiar.com
It is a great honor to give the Mundell-Fleming Lecture at the IMF's 24th Jacques Polak
Annual Research Conference. It it is a particularly special privilege to do so at a conference …

[PDF][PDF] The Costs and Consequences of Sovereign Borrowing

M Aguiar - 2023 - imf.org
It is a great honor to give the Mundell-Fleming Lecture at the IMF's 24th Jacques Polak
Annual Research Conference. It it is a particularly special privilege to do so at a conference …

[PDF][PDF] The Costs and Consequences of Sovereign Borrowing

M Aguiar - 2023 - markaguiar.com
▶ Draw some insights and lessons from data and theory▶ What sovereign borrowing does
and doesn't do▶ Contrast with neoclassical Conventional Wisdom (CW)▶ Implications for …