3min chapter

GZERO World with Ian Bremmer cover image

What's next in 2023?

GZERO World with Ian Bremmer

CHAPTER

The Impact of Debt on the Global Economy

Sovereign debt globally stands at 300 trillion, and 60% of low-income countries are in debt distress or they're approaching it. What I don't see happening is the kind of contagion that we've had where all of the emerging markets are suddenly seen as in deep crisis. That doesn't seem imminent when I look at what some of these economies are experiencing. We actually think that the companies operating in those areas will be benefited by what will take place in 2024.

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