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Podcast: The Daily Discourse
Episode: One Jubilee Report: A Blueprint for Tackling the Debt and Development Crises and Creating the Financial Foundations for a Sustainable People-Centered Global Economy
Description: In this hour, we turn our attention to the global debt crisis—and how it’s choking development across the Global South. As public debt soars, more than 50 developing countries now spend over 10% of their tax revenue just servicing interest, leaving little room for investment in basic services like healthcare, education, transport, or energy access. A new landmark report, The Jubilee Report: A Blueprint for Tackling the Debt and Development Crises, offers a bold plan to fix this. The report was authored by a Papal-appointed Jubilee Commission—a panel of over 30 distinguished economists and development experts convened by Pop...