Putting sustainable development first: why countries' ability to sustain debt should be assessed from a sustainable development perspective

Putting sustainable development first: why countries' ability to sustain debt should be assessed from a sustainable development perspective

Sustainability and debt repayment

Short briefing on the intrinsic link existing between debt sustainability and sustainable development. It shows how the use of a ‘bottom-up’ approach to debt sustainability can presentthis relationship explicitly while at the same time giving a more precise account of what constitutes an affordable level of debt from a sustainable development perspective.