Call for Book Chapters: Global Perspectives on Debt Management

Strategies for Sustainable Growth and Economic Resilience

Introduction

Debt management is a critical aspect of economic policy, with profound implications for sustainable growth and resilience against economic shocks. Across the globe, nations face the challenge of balancing fiscal responsibility with the need to invest in infrastructure, social services, and innovation to drive development.

Managing debt in advanced economies does not seem to be a serious issue, contrary to managing debt in developing or emerging economies. The former often leverages robust financial markets and institutions to manage debt, focusing on maintaining investor confidence and credit ratings. Strategies include issuing long-term bonds, implementing fiscal consolidation measures, and employing counter-cyclical policies to reduce debt-to-GDP ratios during economic booms.

For emerging economies, challenges abound because many grapple with external debt, often denominated in foreign currencies, which makes them vulnerable to exchange rate fluctuations and global interest rate changes. Robust strategies should emphasise building foreign exchange reserves, engaging in debt restructuring, and pursuing economic diversification to reduce dependency on volatile sectors.

For low-income countries, debt relief has been a topical issue. Sustainable debt management involves international cooperation. Initiatives such as the Heavily Indebted Poor Countries (HIPC) programme and the Debt Service Suspension Initiative (DSSI) have provided critical relief. However, long-term solutions require enhanced revenue generation, capacity building, and governance reforms.

Countries are increasingly adopting innovative financial instruments such as green bonds, disaster-linked bonds, and GDP-linked securities. These instruments align debt management with global priorities such as climate action and disaster resilience while diversifying funding sources. The role of multilateral institutions such as the International Monetary Fund (IMF) and the World Bank remains pivotal through technical assistance, concessional financing, and policy guidance.

Sustainable debt management requires a multifaceted approach combining sound fiscal policies, transparent governance, and international cooperation. Emphasising economic resilience through investments in health, education, and technology can create robust economies capable of weathering global uncertainties.

Objectives

This book proposes a globally competitive, comprehensive approach to debt management. It is structured into six parts, each with five chapters, totalling thirty chapters. The aim is to provide academic, empirical, and policy-oriented insights into debt management, past, present, and future.

Target Audience

This publication is intended for:

• Academics and researchers in economics, finance, and public policy.
  
• Policymakers and government officials involved in fiscal management.
  
• Financial analysts, economists, and development practitioners.
  
• Postgraduate students and lecturers in relevant fields.
  
• International financial institutions and development agencies.
  

Recommended Topics

Part 1: Conceptual Foundations and Historical Perspectives on Debt

1. The Evolution of Debt: Historical Lessons for Modern Economies
2. Understanding Sovereign Debt: Theory, Trends, and Transformation
3. The Role of Debt in Economic Cycles: Insights from Keynes to the Present
4. Debt in Developing Economies: A Comparative Analysis of Colonial Legacies
5. The Political Economy of Debt: Power Dynamics in Borrowing and Lending
   

Part 2: Debt Sustainability in a Globalised Economy

6. Defining Debt Sustainability: Metrics and Multilateral Perspectives
7. Globalisation and Debt: The Double-Edged Sword of Capital Flows
8. The Role of International Financial Institutions in Debt Management
9. Debt Crises in Emerging Markets: Causes, Consequences, and Lessons
10. Sustainable Debt and Green Financing: Aligning Fiscal Policies with Climate Goals

Part 3: Public Debt Management Strategies

11. Best Practices in Public Debt Management: Case Studies from OECD Countries
12. Risk Management in Sovereign Debt: Tools for Resilience
13. Debt Structuring and Restructuring: Strategies for Nigeria
14. The Role of Sovereign Wealth Funds in Managing Public Debt
15. Fiscal Rules and Debt Management: Balancing Flexibility with Discipline

Part 4: Private and Household Debt Dynamics

16. The Growth of Household Debt: Implications for Financial Stability
17. Corporate Debt in a Post-COVID World: Risks and Opportunities
18. Microfinance and Debt: Empowering Households or Deepening Vulnerabilities?
19. Debt and Inequality: How Borrowing Patterns Shape Wealth Distribution
20. The Behavioural Economics of Debt: Understanding Consumer Choices

Part 5: Debt Crises and Their Resolutions

21. From Latin America to Europe: Comparative Studies of Debt Crises
22. The Role of Debt Relief Programmes: Analysing HIPC and Beyond
23. Debt Default in Modern Economies: Predictors and Preventive Measures
24. Lessons from the 2008 Global Financial Crisis for Debt Management
25. Debt Restructuring Mechanisms: Innovations and Challenges

Part 6: Future Trends and Innovations in Debt Management

26. Digital Currencies and Debt Markets: The Blockchain Revolution
27. The Role of Artificial Intelligence in Debt Analytics and Risk Assessment
28. Sustainable Debt Markets: Developing Instruments for the SDGs
29. Geopolitics of Debt: Implications of Belt and Road Initiatives and Beyond
30. Toward a Resilient Debt Future: Integrating Equity, Innovation, and Sustainability

Submission Procedure

We welcome contributions in the form of:

• Original research papers offering new empirical or theoretical insights.
  
• Case studies highlighting real-world applications.
  
• Literature reviews providing comprehensive analysis.
  
• Policy analyses offering critical evaluations of current debt issues.
  

Submission Guidelines

• Submit a 200-word abstract (single paragraph, single-spaced, in italics, Times New Roman, size 12).
  
• Chapters should not exceed five sub-sections: “Introduction” and “Conclusion and Policy Implications” must be included.
  
• Bullet points are not allowed.
  
• Trademarks must appear in italics.
  
• Acronyms must be spelt out at first use.
  
• References must follow APA 7th Edition or Harvard Style.
  
• Submit a brief author profile (max. 100 words).
  
• All submissions undergo a rigorous peer review process.

Contributors will retain full copyright of their work, with appropriate credit given in the publication.

Important Dates

• Abstract submission: 16th May 2025
  
• Feedback on abstracts: 22nd May 2025
  
• Full article submission: 21st July 2025
  
• Peer review feedback: 6th August 2025
  
• Final revision submission: 27th August 2025
  
• Send manuscripts to publishers: 5th September 2025
  

Inquiries

Editors

• Abraham Nwankwo, Ph.D.
  
• Jude O. Chukwu, Ph.D.
  
• Joseph Nnanna, Ph.D.
  

Please send abstracts and further inquiries to: jude@miva.university