Living with Debt : How to Limit the Risks of Sovereign Finance.

CONTENTS -- PREFACE -- Acknowledgments -- Executive summary -- I. Stylized facts -- Chapter 1 Introduction -- Chapter 2 Public Debt in Latin America and around the World -- Chapter 3 How Does Debt Grow? -- II. International borrowing -- Chapter 4 History of Sovereign Debt in Latin America -- Chapter 5 The International Emerging Bond Market Today -- Chapter 6 The Role of Multilateral Lending -- III. The domestic market -- Chapter 7 The Dawn of the Domestic Bond Market -- Chapter 8 Institutional Investors and the Domestic Debt Market -- IV. debt and the economy -- Chapter 9 The Political Economy of Debt -- Chapter 10 Debt and Development -- Chapter 11 Fiscal Sustainability in Latin America: Old and New Approaches -- Chapter 12 The Costs of Default -- V. Toward Safer debt -- Chapter 13 The Risks of Sovereign Finance -- Chapter 14 Lowering the Risks of Sovereign Finance -- Appendix Public Debt in Latin America and the Caribbean: Country Profiles -- References.