Blog posts represent the views of CFR fellows and staff and not those of CFR, which takes no institutional positions. The Common Framework, developed by the G-20 back in the fall of 2020, hasn’t ...

COVID-19 has laid bare a blatant double standard: the world’s wealthiest countries play by one set of rules and the world’s poorest countries by another. G20 governments have spent trillions to keep ...

LONDON, June 20 (Reuters) - Cautious optimism in the developing world that wealthier countries and China had finally fixed the tortuous process of sovereign debt restructurings is fizzling again. Debt ...

Despite significant relief measures brought on by the COVID-19 crisis, about 60 percent of low-income countries are at high risk or already in debt distress. In 2015 that number was below 30 percent.