Reforms to limit debt accumulation seemed to have worked—in the countries lucky enough to have enacted them
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Since 1913, even default has been more common
Interest rates and growth define the threshold for danger
Rich-country guarantees would allow prudent governments to cut their debt costs and spend more on development, write Ilyas Moussa…
An age-old problem might have a surprisingly simple solution
The consequences will be profound, argues Henry Curr
Politicians, particularly in Europe, are in a terrible bind
