Geopolitical Economy Report cover image

Debt is political: Why wealth flows from poor to rich

Geopolitical Economy Report

CHAPTER

Navigating Ukraine's Debt Crisis

This chapter explores the complexities of Ukraine's ongoing debt crisis amid the war with Russia, focusing on the IMF's inconsistent approaches to conflict-affected nations. It examines the suspenseful negotiations between Ukraine and international bondholders, revealing the sacrifices necessary for financial stability in such geopolitical contexts. Additionally, the chapter raises critical questions about the integrity of financial practices influenced by political motives and the broader implications for countries facing similar debt situations.

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