UNCTAD – A World of Debt, 2025
Summary
The main theme of the report is the growth of global public debt and its impact on developing countries.
The report emphasizes that public debt can be a powerful tool for development, but when it grows excessively, it becomes a heavy burden, especially for developing countries. The document examines issues related to rising debt servicing costs, which divert resources from necessary development needs. It also notes that recent events, such as the COVID-19 pandemic and the rise in global interest rates in 2022 and 2023, have exacerbated these problems.
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