True True 1 1 1 10 True False False MARK AGUIAR Load More Debt | Podcast When Sovereign Debt Breaks its Promise For decades, governments have been tapping into global sovereign debt markets to smooth ups and downs in revenue with the hope that it would help spur investment. But what happens when government borrowing fails to deliver? Mark Aguiar is the Director of the International Economics Section at Princeton University, and his research suggests that sovereign borrowing to stabilize the economy may have the opposite effect. MARK AGUIAR Debt | June 2024 The Poisoned Chalice of Debt Sovereign borrowing—meant to spur investment and smooth ups and downs in revenue—may do just the opposite MARK AGUIAR See Also Magazine Archives Country Focus Blogs
