Africa’s domestic debt boom: New evidence from the African Debt Database

Africa’s total public debt has risen more than fourfold since the early 2000s, but just as important as the increase in debt volumes is the
What Germany’s medium-term fiscal plan means for Europe

EU leniency on Germany’s fiscal plan highlights rule rigidity and the need for reform to support investment. Germany’s July 2025 medium-term fiscal-structural plan exposes the
Fiscal stagnation

Public debt-to-GDP ratios have climbed to historic highs in most advanced economies. This column studies the connection between productivity growth, fiscal policy, and public debt.

