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Debt Relief Alone Won't Fix Developing Country Crisis, Says Growth Reset Proposal

More than half of developing countries face liquidity and financing challenges, with debt service consuming over 10% of revenue on average. A new Rockefeller Foundation proposal argues that a coordinated growth and investment reset, rather than debt restructuring alone, is needed as finance leaders meet in Bangkok.

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More than half of developing countries face liquidity and financing challenges, with debt service consuming over 10% of revenue on average. A new Rockefeller Foundation proposal argues that a coordinated growth and investment reset, rather than debt restructuring alone, is neede…

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