Speaker: Leo Fabbri

More than three billion people live in countries where debt payments exceed spending on healthcare and education. The Covid-19 Pandemic exposed deep debt vulnerabilities in developing economies, leading to debt defaults. Today, rising interest rates, geopolitical tensions, disrupted trade, and climate change intensify these challenges.

This seminar explores the political economy of sovereign debt and asks: Is the international community equipped to manage growing default risks, or is reform needed? By examining proposals from governments, civil society, and academia, we will consider how to create a more sustainable and transparent global debt system.