This episode of The Weekly Tradecast looks at debt – what it is, how it works and why it matters – with economist Daniel Munevar from UNCTAD’s debt and development finance branch.
Inflation is high, interest rates are rising and the war in Ukraine has hit the world with a cost-of-living crisis.
Every day, debt is in the news as countries, companies and ordinary people struggle to repay their loans or borrow at reasonable rates.
Right now, 3.3 billion people live in countries that are spending more on debt servicing than on health or education. That’s almost half the world’s population.
How can we cope with so much debt pressure and what needs to change? Tune in to UNCTAD’s Daniel Munevar to put the credit crunch in context.
97. The future of AI: Why innovation and regulation must go hand-in-hand
96. Rough seas ahead: How can global supply chains navigate shipping disruptions?
95. A matter of survival: Why small island states need resilience and prosperity
94. Vital knowledge: Why science and technology are so important for our future
93. Fractured future: What shifting investment patterns mean for development
92. Pedal to the metal: Why electric car batteries need to be cleaner and greener
91. Growth going to waste: UN trade and development update sees multiple challenges slowing economic momentum
90. Healthy not hungry: Why good food is a key ingredient for development
89. Moving up: Bhutan graduates to UN's developing country status but challenges remain for other LDCs
88. That’s rubbish: How our waste is choking the planet and how we can clean it up
87. K-popification: Why South Korea’s creative economy is an inspiration for others
86. Fisherman's blues: Why the fisheries industry needs to get much greener
85. Women’s Day: Why investing in women is the key to faster development for all
84. Money on the move: How remittances and trade work together for development
83. Precarious passage: Red sea ship attacks strain supply chains
82. Measuring what matters: Why inclusive growth means more than just GDP
81. Israel-Gaza crisis: Palestinian economy needs billions to rebuild and much more to grow
80. Foundations for the future: Why the global financial system needs big changes to boost sustainable development
79. SOS for the SDGs: Why saving the development goals needs trillions of dollars in investment
78. Bleak or bountiful future: Why fertilizer is vital to global food supplies
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