Despite the global economic recovery, watch out for increased debt distress in Emerging Markets, and especially in low-income developing countries, which will need a minimum of USD450bn to step up their spending response to Covid-19.
In this episode, Senior Economist Selin Ozyurt explains which countries are most at risk, and why current debt-relief initiatives will only kick the can down the road.
SHOWNOTES:
• Read the full report "Emerging Markets debt relief: Kicking the can down the road": https://t1p.de/l59i4
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