Debt restructuring in the post-pandemic economy

Before the pandemic, the inherent imbalances which had built up after a decade of monetary policy intervention had resulted in excess debt and probable future instability. Bill White, former chairman of the economic and development review committee of the Organisation for Economic Co-operation and Development, joins Mark Burgess, Asia chairman of OMFIF. They discuss what the Covid-19 outbreak means for policy-makers, emerging market debt prior to the crisis, and shadow banking.

 

Music: https://www.bensound.com/royalty-free-music