Global Financial Governance and Debt Sustainability in the Global South

By 2025-05-19T15:03:50+00:00May 9, 2025|

Developing countries face a mounting debt crisis, exposing flaws in debt sustainability analysis and global financial inequalities. This article proposes a complementary debt threshold measure and finds much lower safe debt levels for the Global South. It urges systemic reform and alternative financing—like better taxation and aid—to reduce reliance on borrowing.