2024
DOI: 10.3390/economies12020042
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The Widening of the North–South Divide: Debt Sustainability in a World Weakened by COVID-19

Sandra Bernardo,
Maria Luísa Vasconcelos,
Fátima Rocha

Abstract: This research compares the global debt trends in the aftermath of the COVID-19 pandemic, focusing on economies that frame the North and South divide. The research centers on debt ratios, which serve as indicators of countries’ ability to finance recovery and development projects. The study period runs from 2015 to 2022 and follows the IMF’s country classification, which divides the world into advanced economies (AE) and emerging market and developing economies (EMDE). The research employs panel data regression… Show more

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