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Andrea Presbitero is Deputy Division Chief in Research Department of the International Monetary Fund and CEPR Research Fellow in the International Macroeconomics and Finance programme. He has been Assistant Professor at the Universita’ Politecnica delle Marche and Associate Professor of Economics at the Johns Hopkins University School of Advanced International Studies (SAIS). His research focuses on financial intermediation, banking, development finance, and sovereign debt, and has been published in top economics and finance journals. Andrea is also an associate editor of the IMF Economic Review.
Over the past decade, developing countries have, once again, turned out in debt distress. Debt service levels now approach those recorded in the late 1990s...
