Jubilee USA partnered with Friedrich-Ebert-Stiftung New York to publish How Transparency Makes Debt Sustainability Analyses a Trusted and Effective Tool, by Gail Hurley

The paper was the second to launch as part of a series that gathered practitioners to write on the theme "Debt Sustainability Assessments and their Role in the Global Financial Architecture." The papers will be chapters in a report to appear later in the summer. 

How Transparency Makes Debt Sustainability Analyses a Trusted and Effective Tool, by Gail Hurley

A new study by Gail Hurley examines the transparency of DSAs across three key pillars: public disclosure, data and methodology openness, and engagement processes. Despite recent improvements, Hurley finds that qualitative aspects of transparency are lacking, with differences in disclosure regimes for low-income and market-access countries and limited access to information during debt distress. The paper emphasizes the importance of improved DSA transparency for driving progress, building trust, and informing better policies. It offers recommendations for enhancing transparency and calls for wider efforts across the borrowing cycle, including the production of DSAs by independent entities to alleviate concerns about impartiality.

Find the webpage for the "Debt Sustainability Assessments and their Role in the Global Financial Architecture" series here.