Analytical SeriesDebt and Fiscal Commitment Credibility is essential for sound fiscal policiesFRANCISCO ROCH March 2022A Call for New Fiscal RulesAdvanced and emerging market economies alike need new criteria for debt sustainabilityArminio FragaPodcastBarry Eichengreen: In Defense of Public DebtMuch has been said and written about the dangers of government borrowing.BARRY EICHENGREENCHRIS WELLISZLoad MoreRelated LinksF&D HomepageF&D TopicsF&D AuthorsCountry Focus