Yale School of Management

Posts by G20

Who's afraid of some (not so big or bad) debt relief?

July 24, 2020
By early July 2020, top officials at the IMF and World Bank admitted that the Debt Service Suspension Initiative (DSSI), the  G20’s debt relief program faced challenges. They hoped to make some progress at the mid-July G20 meetings, but the July G20 meetings came and went without major action on the program. Considering that the DSSI was supposed to be one of the international community’s marquee responses to the most severe instance of capital flight from developing economies in recent memory, it is important for billions of people that they get the program right.  Continue reading “Who's afraid of some (not so big or bad) debt relief?”