The debt and climate crises are escalating: it is time to tackle both

published on brookings.edu/blog/future-development, 08.07.2022

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A big debt crisis is brewing in the Global South. The international community – especially the major advanced economies and China – needs to overcome the current deadlock and work toward a solution of the debt crisis that will enable all countries to respond to the multiple crises confronting them. The consequences will be dire if they fail to do so.

About the author

Volz, Ulrich

Economist

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Aleksandrova, Mariya

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Economy and Political Science 

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