The Project on Prosperity and Development, Global Food Security Program, and Humanitarian Agenda examine the United States’ leadership role in advancing development and creating efficient, effective, and sustainable foreign assistance programs.

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Photo: Sheldon Cooper/SOPA Images/LightRocket/Getty Images

Photo: Sheldon Cooper/SOPA Images/LightRocket/Getty Images

The Emerging Global Debt Crisis and the Role of International Aid

The world’s poorest countries are facing a growing debt crisis. The response from the U.S. government should be to develop strategies to provide immediate relief and engage in long-term efforts to address systemic debt vulnerabilities and debt workouts.

Commentary by Rafael Romeu — April 18, 2024

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Experts


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Daniel F. Runde
Senior Vice President; William A. Schreyer Chair; Director, Project on Prosperity and Development
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Caitlin Welsh
Director, Global Food and Water Security Program
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Romina Bandura
Senior Fellow, Project on Prosperity and Development, Project on U.S. Leadership in Development
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David Michel
Senior Fellow, Global Food and Water Security Program