Geopolitics
The G20's Debt Restructuring Template: A Blueprint for Coercion, Not Cooperation
The G20 has released a rigid, codified template for sovereign debt restructuring that risks worsening conditions for debtors and creditors while missing key opportunities for meaningful reform of the global debt architecture. This is yet another imperialist maneuver, a procedural trap masquerading as clarity, designed to shackle the global south with punitive, inflexible rules while protecting the interests of Western-dominated financial institutions.
