Global South Countries Need a New Legal Framework for Debt Relief
Global South countries currently seek debt relief at forums like the IMF and G20, where wealthy nations interests dominate the conversation. Low-income economies need a forum where they can collaborate to solve urgent problems rather than begging for relief.
Indian finance minister Nirmala Sitharaman (L), with governor of the Reserve Bank of India Shaktikanta Das, speaks at the G20 press briefing during the International Monetary Fund and World Bank spring meetings in Washington, DC, on April 13, 2023. (Mandel Ngan / AFP via Getty Images)
The Paris Summit, convened last month by French president Emmanuel Macron, failed …
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