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A Global Debt Crisis Is Looming

Paolo Gentiloni, Trevor Manuel and Mahmoud Mohieldin identify reforms to prevent developing countries' refinancing difficulties from becoming insolvency crises.

4 Articles

Project SyndicateProject Syndicate
+2 Reposted by 2 other sources
Lean Left

A Global Debt Crisis Is Looming

Paolo Gentiloni, Trevor Manuel and Mahmoud Mohieldin identify reforms to prevent developing countries' refinancing difficulties from becoming insolvency crises.

·Prague, Czechia
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The outlook is particularly worrying for developing countries, whose public debt amounted to $35 trillion in 2025, an increase of 10.5 per cent in one year.

·Saltillo, Mexico
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  • 67% of the sources lean Right
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Project Syndicate broke the news in Prague, Czechia on Monday, October 12, 2026.
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