Debt Transparency – it’s a phrase that gets thrown around a lot in development circles. But what exactly is it? And why is it so important? To get answers to these and other questions, we spoke with Marcello Estevão, Global Director of Macroeconomics, Trade and Investment here at the World Bank. As we learn, it’s a lot more straightforward than you might think, and it can have big benefits for borrowing countries as well as lenders.
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Expert Answers is a new series from the World Bank Group, where we answer the biggest questions in development – topics like debt, trade, tackling extreme poverty, finance, agriculture, fragility, conflict and violence, energy, sustainability, the environment, natural resources, climate change adaptation and resilience, public health, nutrition, human capital, gender equality, human rights, infrastructure, education, digital economy and development, competitiveness, innovation, transportation, and water.
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