What can be done about the unfolding sovereign debt crisis? Layna Mosley, an expert on the politics of debt, shares her expertise.
Good Authority
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The Impact of Interest Rates on Debt Crisis
This chapter discusses the influence of interest rates on countries facing debt crises and explores the economic and political challenges governments face in dealing with higher debt servicing costs. It also highlights the potential consequences of countries struggling to repay their debts, including increased poverty, lower growth, and political unrest.
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