Geo-economics

What can be done about COVID-19 debt surges

In front of HSBC's London headquarters, a bird flies past a clock as window cleaners work in London's Canary Wharf Financial District in London, Britain, October 11, 2016.   REUTERS/Russell Boyce - RTSRRJS

The COVID-19 pandemic saw the largest single-year surge in global debt since at least 1970. Image: REUTERS/Russell Boyce

M. Ayhan Kose
Director, World Bank Development Prospects Group
Franziska Ohnsorge
Lead Economist, World Bank Development Prospects Group
Carmen M. Reinhart
Minos A. Zombanakis Professor of the International Financial System, Harvard Kennedy School of Government
Kenneth Rogoff
Maurits C. Boas Chair of International Economics, Harvard University
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Debt as a percentage of GDP
The COVID-19 pandemic saw a spike in debt levels. Image: World Bank
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