Economics from the South

The Global Debt Crisis


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Almost half the global population is affected by the current global debt crisis. Some Global South countries are now spending more on debt servicing than health, education and social protection combined. Development economists Jayati Ghosh and Charles Abugre explore its root causes and consequences. And a Kenyan barber tells us how tax increases there are affecting his business and family life - and why he took to the streets in protest.

From the International Development Economics Associates - a network of progressive economists who centre the perspectives and needs of the Global South.

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Economics from the SouthBy IDEAs