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DebtTalks

Sciences Po
Sovereign Debt
Debt Restructuring
IMF
Debt Sustainability
China
Covid-19
World Bank
Argentina
Financial Crisis
Zambia
International Monetary Fund
Paris Club
Hedge Funds
Debt Crisis Of the 1980s
Public Debt Transparency
Global Economy
Sustainable Development Goals
Transparency
Climate Change
Harvard Kennedy School

How do countries incur in debt? And why does debt become unsustainable? How debt crises are triggered, and how a small nation managed to bring the Euro area on the edge of collapse? I am Paola Subacchi (www.sciencespo.fr/psia/sovereign-debt/the-team/), and this is DebtTalks, the podcast of Sciences Po Chair in Sovereign Debt and Finance. With my guests I’ll be discussing the economics and ... more

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Latest Episodes

In this episode, Paola Subacchi is joined by Nicolas Niarchos to explore the growing global race for critical metals, especially those powering the batteries behind our digital and green transitions. They unpack the supply chains at the core of moder... more

In this episode, Paola Subacchi sits down with Kamran Ahmad to unpack a persistent paradox: why countries rich in natural resources so often struggle to build lasting prosperity. The conversation dives into the complexities of financing commodity ext... more

In this episode of DebtTalks, Paola Subacchi and Martin Kessler explore what happens when a country begins to face mounting debt pressures. What are the early warning signs, and when does concern turn into crisis? The discussion also delves into the ... more

Episode 13 of DebtTalks dives into how Latin America can unlock domestic finance to power - funding major infrastructure while supporting SMEs - to the rise of innovative tools like green and thematic bonds in the Caribbean, the episode explores what... more

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Recent Guests

Nicolas Niarchos
Journalist and author of The Elements of Power
Author, The Elements of Power
Episode: The price of power: who pays for critical minerals?
Kamran Ahmad
Partner in the Energy, Infrastructure and Project Finance Group
White & Case
Episode: Digging out of debt: sovereign finance in commodity economies
Martin Kessler
Executive Director of the Finance for Development Lab
Finance for Development Lab, Paris
Episode: Debt at the tipping point: warning signs and viable options
Sebastián Nieto-Parra
Head of the Regional Development Dynamics at the OECD Development Centre
OECD Development Centre
Episode: Mobilising capital for economic transformation in Latin America
Lawrence Garner
Managing Director Public Sector Debt Capital Market at Crédit Agricole Corporate and Investment Bank, Sciences Po alumnus
Crédit Agricole Corporate and Investment Bank
Episode: From crisis bonds to long-term investment: financing Europe’s future
Clemence Landers
Vice President and Senior Policy Fellow at the Center for Global Development (CGD)
Center for Global Development (CGD)
Episode: Retrenching aid in a volatile world
Paolo Gentiloni
Former Prime Minister of Italy and European Commissioner for the Economy
United Nations Group of Experts
Episode: Debt in a low-growth world
Guillaume Arditti
Founding partner of Belvedere Advisory and fellow at the Jacques Delors Institute.
Belvedere Advisory
Episode: Closing the financing gaps: innovative finance for developing countries
Piera Tortora
Head of the Secretariat of the Pact for Prosperity, People and the Planet
Episode: Advancing global financial reforms in a turbulent multilateral context

Host

Paola Subacchi
Host of DebtTalks and chairholder focusing on sovereign debt and finance; numerous episode mentions point to leadership in debt policy discussions.

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Talking Points

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The price of power: who pays for critical minerals?
Q: How do you see the situation going forward, given the competition over minerals and the role of major powers?
The battle over critical minerals like cobalt will continue to involve China, the US, and Europe, with governance reforms and fair, structured deals necessary to prevent exploitation and ensure benefits flow to local communities rather than only to foreign actors.
The price of power: who pays for critical minerals?
Q: Can you actually explain a bit about artisanal mining?
Artisanal mining refers to small-scale, often informal mining activities carried out by individuals or cooperatives using basic tools, with significant safety risks and limited regulatory oversight, which can involve child labor and hazardous conditions.
Digging out of debt: sovereign finance in commodity economies
Q: Is there a way for resource-rich countries to structure deals that are fair to the hosting government and still attract the necessary investment?
Yes, by using project finance with strong due diligence, clear revenue plans, and a focus on win-win governance that keeps revenues local, while ensuring that lenders and development banks share the risk in a way that protects the government and society from being overexposed or misallocated.
Retrenching aid in a volatile world
Q: What has been the historical role of aid in supporting development, and why is it now under political pressure?
Aid has long served as a public good and a stabilizing force, with donor countries funding health, governance, and growth. However, rising political pressures, competing domestic priorities, and a shift of aid functions into more politically driven departments are making sustained, unconditional aid harder to maintain, leading to debates about efficiency, governance, and how to balance grants with private investment.
Debt in a low-growth world
Q: What role does debt play in the current global economic landscape?
Gentiloni elaborates that debt is increasingly a challenge for both developing and advanced economies, driven by various long-term trends such as aging populations and climate change.

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Frequently Asked Questions About DebtTalks

What is DebtTalks about and what kind of topics does it cover?

DebtTalks presents a rigorous, policy-oriented exploration of the economics and politics of sovereign debt. Across episodes, it consistently tackles debt sustainability, development finance, multilateral lending, and strategic reforms of the international financial architecture. Interviews blend perspectives from policy makers, finance ministers, development bankers, and think-tank experts, with an emphasis on real-world case studies (e.g., Liberia, Africa, Ukraine) and instruments like debt swaps, social inclusion bonds, and innovative financing for development. A standout feature is its ability to connect high-level policy debates with on-the-ground governance, governance reforms, and the practical constraints facing debtor and creditor n... more

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Which podcasts are similar to DebtTalks?

These podcasts share a similar audience with DebtTalks:

1. Clauses & Controversies
2. Macro Musings with David Beckworth
3. Odd Lots
4. Ones and Tooze
5. At Any Rate

How many episodes of DebtTalks are there?

DebtTalks launched 2 years ago and published 32 episodes to date. You can find more information about this podcast including rankings, audience demographics and engagement in our podcast database.

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What guests have appeared on DebtTalks?

Recent guests on DebtTalks include:

1. Nicolas Niarchos
2. Kamran Ahmad
3. Martin Kessler
4. Sebastián Nieto-Parra
5. Lawrence Garner
6. Clemence Landers
7. Paolo Gentiloni
8. Guillaume Arditti

To view more recent guests and their details, simply upgrade your Rephonic account. You'll also get access to a typical guest profile to help you decide if the show is worth pitching.

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