Debito, solvibilità e clima: un nuovo dilemma per lo sviluppo

Homi Kharas and Charlotte Rivard, Brookings:

Developing countries face a dilemma. Most have run up public indebtedness in a sensible response to the global recession induced by COVID-19 lockdowns. This has led to a deterioration in creditworthiness but saved their economies and protected their most vulnerable citizens. In normal times, developing countries should be slowly restoring fiscal discipline and retrenching public spending to restore their credit scores, as recommended by international agencies. But times are not normal. The global economy is slowing, and many developing countries face growing setbacks from food, energy, and flood crises to drought and conflicts—all while facing the urgent need to transition to a low-carbon economy. Austerity is politically hard and may be economically injudicious.

Debt, creditworthiness, and climate: A new development dilemma (

Marco Emanuele
Marco Emanuele è appassionato di cultura della complessità, cultura della tecnologia e relazioni internazionali. Approfondisce il pensiero di Hannah Arendt, Edgar Morin, Raimon Panikkar. Marco ha insegnato Evoluzione della Democrazia e Totalitarismi, è l’editor di The Global Eye e scrive per The Science of Where Magazine. Marco Emanuele is passionate about complexity culture, technology culture and international relations. He delves into the thought of Hannah Arendt, Edgar Morin, Raimon Panikkar. He has taught Evolution of Democracy and Totalitarianisms. Marco is editor of The Global Eye and writes for The Science of Where Magazine.

Latest articles

Related articles