Will there be another Debt Crisis? Current economic challenges facing the Global South An interview with Jomo Kwame Sundaram

What are the economic challenges facing the Global South post-pandemic?

What role have global financial institutions like the World Bank and the IMF played in worsening the economic situation for poorer countries?

And what economic alternatives might exist?

In this interview, Jomo Kwame Sundaram shines a light on the effects that decades of liberalisation policy have had on countries in the global South, including deindustrialisation, food insecurity, and another looming debt crisis. He argues that the recent refusal to waive international property rights related to vaccines as well as sanctions on China have worsened the situation, with the odds increasingly stacked against poorer countries.