{"id":2457,"date":"2026-08-14T00:49:35","date_gmt":"2026-08-13T21:49:35","guid":{"rendered":"https:\/\/sites.uwasa.fi\/mfjuva\/?page_id=2457"},"modified":"2026-08-14T00:49:35","modified_gmt":"2026-08-13T21:49:35","slug":"observations-on-debt","status":"publish","type":"page","link":"https:\/\/sites.uwasa.fi\/mfjuva\/all-issues\/observations-on-debt\/","title":{"rendered":""},"content":{"rendered":"<h2>Observations on Debt and Debt Management: Before, During and After the Covid-19 Pandemic<\/h2>\n<p>Multinational Finance Journal, 2021, vol. 25, no.3\/4, pp. 85\u201399<\/p>\n<p style=\"align-items: center;gap: 12px;font-weight: bold\"><a href=\"https:\/\/sites.uwasa.fi\/mfjuva\/wp-content\/blogs.dir\/4\/files\/sites\/231\/2025\/02\/MJ0p1fnsdre7m1j0p2f4126l7cc1i1q4.pdf\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-2383\" src=\"https:\/\/sites.uwasa.fi\/mfjuva\/wp-content\/blogs.dir\/4\/files\/sites\/231\/2026\/07\/download-blue-button-300x89.png\" alt=\"\" width=\"139\" height=\"41\" srcset=\"https:\/\/sites.uwasa.fi\/mfjuva\/wp-content\/blogs.dir\/4\/files\/sites\/231\/2026\/07\/download-blue-button-300x89.png 300w, https:\/\/sites.uwasa.fi\/mfjuva\/wp-content\/blogs.dir\/4\/files\/sites\/231\/2026\/07\/download-blue-button.png 355w\" sizes=\"(max-width: 139px) 100vw, 139px\" \/><\/a><\/p>\n<p><strong>Thordur Jonasson<\/strong>, <em>International Monetary Fund, USA<\/em><\/p>\n<p><strong>James Knight<\/strong>, <em>International Monetary Fund, USA<\/em><\/p>\n<h3><strong>Abstract:<\/strong><\/h3>\n<p>This paper discusses the impact of the Covid-19 pandemic on global debt and on debt management practices, with a focus on the state of debt management prior to the pandemic, the responses of country authorities to the challenge, and how debt management is likely to change in the future.<\/p>\n<p>&nbsp;<\/p>\n<h3><strong>Citation (APA):<\/strong><\/h3>\n<p data-start=\"25\" data-end=\"198\">Jonasson, T., &amp; Knight, J. (2021). Observations on debt and debt management: Before, during and after the COVID-19 pandemic. <em data-start=\"150\" data-end=\"185\">Multinational Finance Journal, 25<\/em>(3\/4), 85\u201399.<\/p>\n<h3><strong>Citation (Harvard):<\/strong><\/h3>\n<div class=\"qMYqUG_convSearchResultHighlightRoot\">\n<div class=\"\" data-turn-id-container=\"request-6a4d709d-d18c-83ed-83c9-0a01bb24e020-5\" data-is-intersecting=\"true\">\n<section class=\"text-token-text-primary w-full focus:outline-none has-data-writing-block:pointer-events-none [&amp;:has([data-writing-block])&gt;*]:pointer-events-auto R6Vx5W_threadScrollVars scroll-mb-[calc(var(--scroll-root-safe-area-inset-bottom,0px)+var(--thread-response-height))] scroll-mt-[calc(var(--header-height)+min(200px,max(70px,20svh)))]\" dir=\"auto\" data-turn-id=\"request-6a4d709d-d18c-83ed-83c9-0a01bb24e020-5\" data-turn-id-container=\"request-6a4d709d-d18c-83ed-83c9-0a01bb24e020-5\" data-testid=\"conversation-turn-32\" data-turn=\"assistant\">\n<div class=\"text-base my-auto mx-auto pb-8 [--thread-content-margin:var(--thread-content-margin-xs,calc(var(--spacing)*4))] @w-sm\/main:[--thread-content-margin:var(--thread-content-margin-sm,calc(var(--spacing)*6))] @w-lg\/main:[--thread-content-margin:var(--thread-content-margin-lg,calc(var(--spacing)*16))] px-(--thread-content-margin)\">\n<div class=\"[--thread-content-max-width:40rem] @w-lg\/main:[--thread-content-max-width:48rem] mx-auto max-w-(--thread-content-max-width) flex-1 group\/turn-messages focus-visible:outline-hidden min-h-8 relative flex w-full min-w-0 flex-col agent-turn\" data-conversation-screenshot-content=\"\">\n<div class=\"flex max-w-full flex-col gap-4 grow\">\n<div class=\"min-h-8 text-message relative flex w-full flex-col items-end gap-2 text-start break-words whitespace-normal outline-none keyboard-focused:focus-ring [.text-message+&amp;]:mt-1\" dir=\"auto\" data-message-author-role=\"assistant\" data-message-id=\"21e722f8-a938-4d48-8f58-a1b353780304\" data-message-model-slug=\"gpt-5-6\" data-turn-start-message=\"true\">\n<div class=\"flex w-full flex-col gap-1 empty:hidden\">\n<div class=\"streaming-animation markdown prose dark:prose-invert wrap-break-word w-full light markdown-new-styling\">\n<p data-start=\"229\" data-end=\"405\" data-is-last-node=\"\" data-is-only-node=\"\">Jonasson, T. and Knight, J., 2021. Observations on Debt and Debt Management: Before, During and After the Covid-19 Pandemic. <em data-start=\"354\" data-end=\"385\">Multinational Finance Journal<\/em>, 25(3\/4), pp.85\u201399.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Observations on Debt and Debt Management: Before, During and After the Covid-19 Pandemic Multinational Finance Journal, 2021, vol. 25, no.3\/4, pp. 85\u201399 Thordur Jonasson, International Monetary Fund, USA James Knight, International Monetary Fund, USA Abstract: This paper discusses the impact of the Covid-19 pandemic on global debt and on debt management practices, with a focus [&hellip;]<\/p>\n","protected":false},"author":621,"featured_media":0,"parent":221,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-2457","page","type-page","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/sites.uwasa.fi\/mfjuva\/wp-json\/wp\/v2\/pages\/2457"}],"collection":[{"href":"https:\/\/sites.uwasa.fi\/mfjuva\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/sites.uwasa.fi\/mfjuva\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/sites.uwasa.fi\/mfjuva\/wp-json\/wp\/v2\/users\/621"}],"replies":[{"embeddable":true,"href":"https:\/\/sites.uwasa.fi\/mfjuva\/wp-json\/wp\/v2\/comments?post=2457"}],"version-history":[{"count":1,"href":"https:\/\/sites.uwasa.fi\/mfjuva\/wp-json\/wp\/v2\/pages\/2457\/revisions"}],"predecessor-version":[{"id":2458,"href":"https:\/\/sites.uwasa.fi\/mfjuva\/wp-json\/wp\/v2\/pages\/2457\/revisions\/2458"}],"up":[{"embeddable":true,"href":"https:\/\/sites.uwasa.fi\/mfjuva\/wp-json\/wp\/v2\/pages\/221"}],"wp:attachment":[{"href":"https:\/\/sites.uwasa.fi\/mfjuva\/wp-json\/wp\/v2\/media?parent=2457"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}