More: Debt
At Africa Forward Summit, Civil Society Leaders Urge France to Lead on Debt
Six prominent civil society leaders from the Global South and Global North have issued an urgent call for France to take the lead on eliminating the...
AI Boom Won’t Magically Fix the Debt Problem Facing Major Economies
Artificial intelligence could deliver the productivity surge policymakers have been hoping for since the global financial crisis. But even if it does, economists caution...
Euroclear Flags Risk of Higher EU Borrowing Costs Over Russian Asset Loan
Belgian securities depository Euroclear has cautioned that the EU’s proposal to back a €140 billion loan for Ukraine with frozen Russian assets could be...
The future of public debt management in an era of digital finance
Public debt has always been a central concern of governments, economists, and financial institutions. In the 20th century, the question was whether sovereign debt...
A Call for Debt Justice: Confronting the Sovereign Debt Crisis in the Global South
According to the most recent World Bank report released on December 13, 2023, it was discovered that developing countries collectively spent a staggering US$443.5...
U.S. Is Threatening to Default China Debt Repayment, What Will Beijing Do?
Under Xi’s decade-long rule, China’s holding of US Treasury debt has been consistently declining, last year it fell by $173.2 billion – 17% of...
The Theatrics of the US Debt Ceiling: Fiscal Austerity or Political Brinkmanship?
It amazes me sometimes how pointless some discussions are to begin with, yet the hype they garner is just outrageous compared to relatively pressing...
Low-Income Country Debt Rises to Record $860 Billion in 2020
Governments around the world responded to the COVID-19 pandemic with massive fiscal, monetary, and financial stimulus packages. While these measures were aimed at addressing...
Debt Stocks of Developing Countries Rose to $7.8 Trillion in 2018
Total external debt of low-
and middle-income countries climbed 5.3 percent to $7.8 trillion last year,
while net debt flows (gross disbursements minus principal payments) from
external...