Who is responsible for high debt burdens in SIDS?

Podcast: Small Islands Big Picture · ODI Resilient and Sustainable Islands Initiative (RESI)

Opublikowano: 2024-01-02

This episode of "Small Islands, Big Picture" explores debt in SIDS – a critical challenge with no easy solutions. Emily and Matt explain why many island states have built up such large debt burdens in the first place, how this impacts SIDS in different ways, and why it is so difficult to reduce. They discuss what can be done to augment SIDS’ ‘fiscal space’, whose responsibility it is to help them achieve this, and how new financial mechanisms might help. In “Island Voices”, Rachid Bouhia talks about how better international support is critical for alleviating debt. In the “Explain...