Debt Talks: Financing Growth in a Challenging Debt Market Environment

The OECD Global Report 2025 highlights the resuming of a long-term trend of more than two decades of rising debt levels, accompanied by growing interest payment burdens in many countries. In this episode of DebtTalkS (the podcast of Sciences Po ON Sovereign Debt and Finance), Paola Subacchi and Fatos Koc explore policy options – from fiscal restraint and structural reforms to stimulate growth in advanced economies, to strategies for developing local capital markets in emerging and developing countries. Hosts and Guests Paola Subacchi is Professor of Political Economy, University of Bologna, and the Incoming Chair in Sovereign Debt and Finance at Sciences Po. Fatos Koc is the head of Financial Markets Unit at the OECD.