Call for papers – Public Debt & Financial Stability

As of October 2024, global publicly held debt exceeds 100% of GDP, with projections indicating a rise to 125% by 2030. The IMF suggests global public debt to pass 100tn dollars by the end of this year. Debt levels are equally elevated in G7 countries, which was not the case in previous debt crises. This unprecedented level of debt draws parallels to periods of severe global conflict, such as World War II, raising critical questions about its impact on banks and the financial sector, as well as the long-term implications for economic growth and stability.

We invite scholars to delve into this pressing issue by examining the historical evolution of public debt, which has its roots in ancient civilizations that borrowed to finance wars and infrastructure projects!

The Call for Papers is available here.

Deadline for submitting an abstract is 1 December 2024.