global recession

Why the G20 should defer debt from emerging economies like Indonesia and India – or risk an even worse global recession

When the pandemic hit the world in 2020, global debts reached US$226 trillion in 2020, the highest since the second world war. Meanwhile, government, household and private-sector debt in 31 emerging economies reached $98.8 trillion as of June this year, or 2.5 times …

Why the G20 should defer debt from emerging economies like Indonesia and India – or risk an even worse global recession Read More »

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