Sovereign Debt

A new CEPR report finds that Colombia experienced major social gains under President Gustavo Petro — including sharp reductions in poverty and unemployment — driven by rising real wages, expanded social spending, and increased investment in historically neglected regions. The report also examines how restrictive monetary policy and fiscal constraints weighed on private investment and shaped the country’s broader economic trajectory.

A new CEPR report examines the sovereign debt trap cycle and the need for systemic reforms to the international financial architecture that perpetuates it.

Developing countries face escalating debt burdens, higher borrowing costs, and climate pressures, highlighting the need for systemic reform.

CEPR has updated and relaunched a dashboard to track the debt distress and climate vulnerability of low- and middle-income countries around the world.

We’ve launched a dashboard to track the debt distress and climate vulnerability of low- and middle-income countries around the world. The new tool is a response to concerns over the growing debt and climate crises affecting many countries in the Global South.

Newsweek: Javier Milei’s record borrowing and market interventions have deepened Argentina’s crisis, exposing the failures of his anti-state economic strategy.

CEPR has launched a dashboard to track the debt distress and climate vulnerability of low- and middle-income countries around the world.

UN member states adopted the “Compromiso de Sevilla” at the just-concluded Financing for Development Forum. It includes a paragraph that plants the seeds for something like a borrower countries’ platform.

Global financial institutions, controlled by wealthy nations, implement policies that often trap developing countries in cycles of poverty through exploitative practices designed to extract wealth. These policies perpetuate economic hardship and compound the environmental challenges these nations face as climate change intensifies.