7 min listen
51. Credit crunch: Why we need an effective global system to deal with debt
51. Credit crunch: Why we need an effective global system to deal with debt
ratings:
Length:
10 minutes
Released:
Jun 22, 2023
Format:
Podcast episode
Description
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.
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.
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.
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.
Released:
Jun 22, 2023
Format:
Podcast episode
Titles in the series (92)
1. Going up: The human costs of rising prices: In the first episode of the Weekly Tradecast, UNCTAD Secretary-General Rebeca Grynspan talks about the global cost-of-living crisis triggered by the war in Ukraine and what can be done to help vulnerable countries and people who will suffer the most from... by The Weekly Tradecast by UNCTAD