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What Has Been the Impact of COVID-19 on Debt? Turning a Wave into a Tsunami

World Bank Policy Research Working Paper 9871, World Bank, Washington, DC. November 2021
M. Ayhan Kose, Peter Nagle, Franziska Ohnsorge, and Naotaka Sugawara
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A Mountain of Debt: Navigating the Legacy of the Pandemic

World Bank Policy Research Working Paper 9800, World Bank, Washington, DC. October 2021
M. Ayhan Kose, Franziska Ohnsorge, and Naotaka Sugawara
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Global Recessions

World Bank Policy Research Working Paper 9172, World Bank, Washington, DC. March 2020
M. Ayhan Kose, Naotaka Sugawara, and Marco E. Terrones
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Can This Time Be Different? Policy Options in Times of Rising Debt

World Bank Policy Research Working Paper 9178, World Bank, Washington, DC. March 2020
M. Ayhan Kose, Peter S. O. Nagle, Franziska L. Ohnsorge, and Naotaka Sugawara
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Benefits and Costs of Debt: The Dose Makes the Poison

World Bank Policy Research Working Paper 9166, World Bank, Washington, DC. February 2020
M. Ayhan Kose, Franziska Ohnsorge, and Naotaka Sugawara
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Debt and Financial Crises

World Bank Policy Research Working Paper 9116, World Bank, Washington, DC. January 2020
Wee Chian Koh, M. Ayhan Kose, Peter S. Nagle, Franziska L. Ohnsorge, and Naotaka Sugawara
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Finding a Balance between Growth and Vulnerability Trade-Offs: Lessons from Emerging Europe and the CIS

World Bank Policy Research Working Paper 5592, World Bank, Washington, DC. March 2011
Swati Ghosh, Naotaka Sugawara, and Juan Zalduendo
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Stress-Testing Croatian Households with Debt: Implications for Financial Stability

World Bank Policy Research Working Paper 5906, World Bank, Washington, DC. December 2011
Naotaka Sugawara, and Juan Zalduendo
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Financial Integration in Emerging Europe: An Enviable Development Opportunity with Tail Risks

CASE Network Studies and Analyses 438, Center for Social and Economic Research, Warsaw. May 2012
Aleksandra Iwulska, Naotaka Sugawara, and Juan Zalduendo
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Credit-less Recoveries: Neither a Rare nor an Insurmountable Challenge

World Bank Policy Research Working Paper 6459, World Bank, Washington, DC. May 2013
Naotaka Sugawara, and Juan Zalduendo
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