The impact of the COVID‑19 crisis on external debt in Small Island Developing States
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This paper gives an overview of debt in Small Island Developing States (SIDS). It provides an analysis of their liquidity and solvency problems in the aftermath of the COVID-19 crisis, and introduces a quantitative estimation of so-called “off-the-radar” Chinese overseas loans. It finds that debt challenges are not homogeneous across SIDS and...
