LIC Debt Sustainability Framework

Leonardo Martinez is a senior economist at the IMF's Institute for Capacity Development, bringing extensive expertise in financial programming, fiscal policy, and sovereign debt management. An Argentine national, Martinez holds a Ph.D. in Economics from the University of Rochester and previously worked at the Federal Reserve Bank of Richmond. His research portfolio spans critical areas including sovereign risk, debt management, fiscal rules, and international reserves. At the IMF, Martinez has contributed to various departments, including the Macrofinancial Division of the Research Department and missions with the Western Hemisphere and Fiscal Affairs departments. His work has been published in top-tier economic journals such as the American Economic Review and Journal of Political Economy. Martinez's recent contributions include developing the Public Debt Dynamics Tool to assist countries with debt projections and analysis. He also co-authored influential papers on fiscal rules and sovereign default risk, demonstrating the benefits of spread-based fiscal rules for heterogeneous economies. As a key figure in the IMF's capacity development efforts, Martinez combines academic rigor with practical policy implementation, particularly in emerging and developing economies.