"To help poorer countries at risk of sovereign-debt distress, international policymakers need to promote much greater private-creditor participation in debt reprofiling and restructuring. They should also provide additional financial support that enables these countries’ continued investment in sustainable development."

"To help poorer countries at risk of sovereign-debt distress, international policymakers need to promote much greater private-creditor participation in debt reprofiling and restructuring. They should also provide additional financial support that enables these countries’ continued investment in sustainable development."

Thanks for posting. I'm sceptical that developed countries will try and restructure developing countries debt in any meaningful way: after all debt has been the new form of colonialism for some time now. It must be so gauling for these countries having to exchange their labours and products in exchange for money another country can just print at will.