How developing countries’ debt levels affect their people
How developing countries’ debt levels affect their people
How developing countries’ debt levels affect their people
More than 3.3 billion people live in developing countries that spend more on interest payments than on education or health. Sovereign debt levels of developing economies are a threat to economic stability. At least 50 such countries spend more than 10% of their revenues on debt servicing, which is squeezing their finances and creating risks. In these countries, interest payments also outweigh climate investments, adding further risks to existing vulnerabilities. A UNCTAD report says global public debt hit a record high of $97 trillion in 2023, with developing countries accounting for $29 trillion. Their debt has grown twice as fast as the others’ since 2010. Please listen to the latest episode of All Indians Matter. Learn more about your ad choices. Visit megaphone.fm/adchoices
From The Podcast
All Indians Matter
All Indians Matter is a digital home for conversations with and about India on the issues that truly matter. For most of our post-Independence years, this was done by the news media. However, in recent times, the media have been found wanting. As a result, the issues that should be highlighted are sidelined and the voices that should find a megaphone are muffled. This podcast is an effort to engage with everyone who cares about India, its Constitution, its liberal and secular values. All Indians Matter is the creation of Ashraf Engineer, who was a senior journalist with some of India’s leading newspapers for 17 years. His media work included a stint in 2011 in Afghanistan, where he trained and mentored journalists. He subsequently quit the news media and is now part of the brand communication industry. You can reach at: editor@allindiansmatter.in. He is also active on social media: Twitter: @allindianscount Instagram: @allindiansmatter Facebook: https://www.facebook.com/All-Indians-Matter-116123149932432 Disclaimer: The views, information, or opinions expressed during this podcast are solely those of the hosts and/or guests appearing on the podcast and do not reflect the views of Ideabrew Solutions Pvt. Ltd (Ideabrew Studios). Ideabrew Solutions Pvt. Ltd. and its respective parents, subsidiaries, affiliates, successors, assigns, employees, agents, directors, officers and shareholders does not assume any liability or responsibility nor endorses the views, information, or opinions expressed by the guest. Under no circumstances will Ideabrew Solutions Pvt. Ltd. assume direct or indirect responsibility or liability which may arise from the views, information, or opinions expressed by the guest including but not limited to claims for defamation, libel, slander, infringement, invasion of privacy and publicity rights, obscenity, pornography, profanity, fraud, or misrepresentation. Ideabrew Solutions Pvt. Ltd. has no control or endorsement over the views, information, or opinions expressed by the guest but is a mere distributor / interviewer and merely acting as a passive conduit for the distribution of this podcast, Ideabrew Solutions Pvt. Ltd. does not warrant that the views, information, or opinions in the podcast are accurate, complete, or true. Any views or opinions in the podcast are not intended to malign any religion, ethnic group, club, organisation, or individual.Join Podchaser to...
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