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 www.imf.org
Confronting Fragmentation Where It Matters Most: Trade, Debt, and Climate Action
| | www.networkideas.org
C. P. Chandrasekhars Blog IDEAs
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| | [AI summary] The blog post discusses global economic issues, particularly focusing on debt crises in developing countries and the role of international financial institutions like the IMF.
| | gjia.georgetown.edu
The Zambian Debt Default: A Structuralist Perspective | GJIA
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| | In November 2020, Zambia defaulted on its international debt, the first African country to do so since the start of the COVID-19 pandemic.
| | theglobal.blog
Why the G20's Upcoming Summit in Osaka Must Deliver The Global
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| | With multilateralism under strain, the Summit will test Japan's leadership, member countries' resolve, and the foundations of the G20 itself.
| | www.gao.gov
Larger Federal Deficits & Higher Interests Rates Point to the Need for Urgent Action | U.S. GAO
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| Increased federal spending in response to COVID-19, as well as rising interest rates, have added to our nation's financial woes. At $2.8 trillion, the FY 2021 budget deficit was the second largest in history-just short of the FY 2020 deficit of $3.1 trillion. These historically large deficits were due primarily to the economic disruptions caused by COVID-19-which decreased revenues in FY 2020-and the additional spending by the federal government in response to help the nation recover from the pandemic.