Escaping the Debt Trap: Recipes From the G7 and Beyond
The world is awash in debt. Global debt today exceeds 300 trillion dollars, over 3 times the annual world economic output. Poor and developing countries are suffering the most as their debt burden hampers their ability to grow. High interest rates are just making things worse. Debt renegotiation would be key but big creditors (e.g. China) are not keen to grant concessions.
Can the world escape the potential vicious circle of an ever-increasing debt burden? What recipes can be offered by G7 countries and beyond?
This Roundtable is organized in the context of Think7 which is co-chaired by ISPI.
The conference will be broadcasted live on ISPI’s website and ISPI International YouTube channel on Friday 3 May from 18:00 CEST.