Main menu For students For teachers Explore our subjects Student events & courses

Explore

More for students
Sign in

Teaching Economics

In the News

Global Economic Crisis: Calls for debt relief for the poorest countries

Graham Watson

8th April 2020

Share this content:

There are growing calls for debt relief for the world's poorest nations in the wake of the coronavirus outbreak.

Both Oxfam and Action Aid International want this year's debt repayments to be waived, potentially freeing up £25 billion to help tackle the crisis.

We might think that we've got it bad. However, in countries without universal healthcare, I suspect that the consequences will be many, many times worse.

Share this content:

Graham Watson

Graham Watson has taught Economics for over twenty years. He contributes to Tutor2U, reads voraciously and is interested in all aspects of Teaching and Learning.

You might also like

Country Profile for 2026 Exams: Vietnam

14th March 2026

Electricity Sparks Change in a Senegalese Village

27th January 2025

Breaking Myths: Surprising Insights from 2024’s Development Economics Research

29th December 2024

From Burden to Opportunity: Côte d’Ivoire’s Debt-for-Development Revolution

29th December 2024

Case Study: Addressing the Job Creation Challenge in Sub-Saharan Africa

16th December 2024

Debt Relief: A Pathway to Global Development and Social Justice

25th August 2024

Breaking Free from the Middle-Income Trap: A 3i Roadmap to Prosperity

2nd August 2024

Debt Dilemma: How Developing Countries Are Facing Their Worst Financial Crisis

21st July 2024