The next global economic emergency? Deepening debt in the developing world

The next global economic emergency? Deepening debt in the developing world - short news


Poorer nations were more fragile before Covid-19, had less scope to stimulate economies, and are on the wrong side of the vaccine divide

A global pandemic. Rising inflation. The threat posed by climate change. Global policymakers have enough to keep them occupied without a developing country debt crisis adding to their list of problems.

That is a real possibility. Both the World Bank and the International Monetary Fund used their annual meetings to stress the pressure poorer..


Read more on The Guardian

source: The Guardian - 17.10.2021

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