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Inequities in the Global Financial System: Tackling the Looming Debt Crisis in the Global South
Inequities in the Global Financial System: Tackling the Looming Debt Crisis in the Global South
Geopolitical shifts and emerging uncertainties are driving up debt servicing costs across the world, with disproportionate impacts across poor and vulnerable countries. From climate vulnerability to agelong structural barriers, economic systems in much of the Global South are under severe stress. To a large extent, these dynamics underscore systemic inequities in the global financial system, which are deeply rooted in a flawed world economic order. Across several emerging markets… Read More »