Debt can be used to finance government spending, reduce poverty and inequality, and improve infrastructure and public services, but its primary purpose is to stimulate economic growth by providing funds for investment and consumption.

Debt can lead to increased investment and consumption, reduced poverty and inequality, and improved infrastructure and public services, but it can also increase the risk of financial instability if it is not managed properly.

Debt can lead to default, inflation, currency devaluation, and other financial problems if it is not managed properly.

The optimal level of debt for a developing country depends on a number of factors, including its economic growth prospects, its fiscal and monetary policies, and its access to international capital markets.

Monetary tightening is a strategy for reducing inflation, not for managing debt.

International financial institutions play a key role in debt management in economic development by providing loans, debt relief, and monitoring and assessment of debt sustainability.

The HIPC Initiative is a debt relief program for developing countries that are heavily indebted and have a track record of good economic performance.

The MDGs are a set of eight goals that aim to reduce poverty and inequality in developing countries by 2015.

The SDGs are a set of seventeen goals that aim to promote environmental sustainability in developing countries by 2030.

Debt can be used to finance investments in sustainable development, provide social safety nets for the poor and vulnerable, and promote economic growth, which can lead to poverty reduction.

Using debt to finance sustainable development can pose a number of challenges, including the risk of debt default, inflation, and currency devaluation.

The risks associated with using debt to finance sustainable development can be mitigated by implementing sound fiscal and monetary policies, promoting economic growth, and diversifying the economy.

Best practices for managing debt in economic development include borrowing at low interest rates, using debt for productive purposes, and managing debt sustainably.

The debt crises of the 1980s and 1990s taught us the importance of sound fiscal and monetary policies, promoting economic growth, and diversifying the economy.

It is too early to say what the future of debt in economic development will be. However, it is likely that debt will continue to play an important role in economic development for many years to come.