Abstract:

Debt sustainability, Public debt, Capital markets, Emerging markets, Economic models, Sovereign debt, sovereign spreads, emerging markets debt., external debt, sovereign bond, debt ratio, debt crises, sovereign bonds, sovereign debt crises, debt ratios, current account, debt threshold, external borrowing, debt thresholds, debt crisis, debt intolerance, domestic debt, debt stock, domestic financial markets, debt management, global liquidity, external shocks, international lending, local debt, sovereign default, debt dynamics, market debt, central bank, debt problems, sovereign defaults