Developing Country Debt: What's Next? скачать в хорошем качестве

Developing Country Debt: What's Next?

Can developing countries cope with high debt levels? How dire is the situation? Has the policy response been adequate? And what's the situation in private external debt, and what should be done about private creditors? In this edition of Debt Talks, Moritz Schularick moderates a discussion with Sarah-Jayne Clifton, Mitu Gulati, and Philippa Sigl-Glöckner on debt in developing countries during and after the COVID-19 pandemic. -- #DebtTalks is an INET webinar series that brings together diverse voices to discuss one of the most pressing economic issue of our times: the surge in indebtedness. We host prominent thinkers, policy-makers, and scholars from different backgrounds and countries to present and debate their views. Each installment features a lively panel presentation followed by Q&A. INET Fellow Moritz Schularick moderates the events. The world economy entered the COVID-19 pandemic with record debt levels. Since the global financial crisis, private and public debts have grown to more than $250 trillion, about three times global GDP. With the current crisis, global debt will surge even further. This has deep implications for the way our economies, societies, and politics work. In this series we explore what’s driving this increase in debt, and is indebtedness still manageable, or do we need a debt jubilee? Can households and companies cope with the overhang of debt? And what are the implications for growth, equity, and financial stability? Learn more at: https://www.ineteconomics.org/researc...