How much do governments lend to each other in a crisis?

In international crises, disasters and wars, private lenders disappear. But governments have stepped in and lent far more to each other than we previously thought. Christoph Trebesch tells Tim Phillips that new data on  200 years of official lending may contain unexpected good news for countries crippled by Covid-19.

Read 'Coping with disasters: Lessons from two centuries of international response' at VoxEU