2007 REPORT | Economic and Social Progress in Latin America

Select content 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. TOWARDS 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 List of Figures List of Tables List of Boxes