Hosted on Acast. See acast.com/privacy for more information.
Hosted on Acast. See acast.com/privacy for more information.
This episode of "Small Islands, Big Picture" explores debt in SIDS – a critical challenge with no easy solutions. Emily and Matt explain why many island states have built up such large debt burdens in the first place, how this impacts SIDS in different ways, and why it is so difficult to reduce. They discuss what can be done to augment SIDS’ ‘fiscal space’, whose responsibility it is to help them achieve this, and how new financial mechanisms might help.
In “Island Voices”, Rachid Bouhia talks about how better international support is critical for alleviating debt. In the “Explainer” section, Gail Hurley – who specialises in the finance challenges of SIDS – provides 10 reasons why debt is so pressing, but also why we should remain hopeful and continue pushing for global change. In “The Big Picture”, Enrico Gaveglia and Shakira Mustapha discuss the challenges of alleviating debt burdens on the ground. Finally, in “No Stupid Questions”, Matt and Emily answer ‘Why is the issue of debt in SIDS not as simple as just paying down the debt?’.
Featuring:
Resources:
Hosted on Acast. See acast.com/privacy for more information.