What Are the Main Risks When a Country Has High Debt?

In a wide ranging interview, David Malpass, president of the World Bank, speaks to presenter Sam Fenwick about the global economic situation.

He talks about the consequences of rising global debt and high inflation, and how poorer countries are bearing the brunt of the economic crisis.

Mr Malpass says the debt caused by the coronavirus pandemic will take decades to pay off, and says many of the subsidies were not targeted. He says a similar situation is being created again with the energy crisis.

Presented and produced by Sam Fenwick.

(Image: David Malpass. Credit: Getty)