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DebtTalks

Sciences Po
Sovereign Debt
Debt Restructuring
IMF
Argentina
Financial Crisis
Zambia
Hedge Funds
Paris Club
China
Debt Crisis Of the 1980s
Public Debt Transparency
Elliott Associates
Retail Investors
Harvard Kennedy School
International Monetary Fund
Sustainable Development Goals
World Bank
OECD
Euro Area
Italian Banks

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

PublishesTwice monthlyEpisodes28Foundeda year ago
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Latest Episodes

As the European Union has emerged as a major bond issuer since the Covid-19 pandemic, this episode explores the fast-growing market for sovereign, sub-sovereign and supranational debt. Paola Subacchi and Lawrence Duquesne-Garner trace the EU’s journe... more

As advanced economies cut international aid, Paola Subacchi and Clemence Landers assess the consequences for developing countries and the global economy. As funding declines, the risks multiply: an aid crisis can deepen debt distress, evolve into a b... more

In this episode Paola Subacchi and Barthélemy Faye explore the shifting landscape of finance for development in Africa. As countries expand their access to capital markets and diversify funding sources, new financial tools are reshaping how debt is m... more

This episode features Paola Subacchi in conversation with former EU Commissioner Paolo Gentiloni. They explore how ageing, climate pressures and, more recently, defence spending are driving public debt higher, while growth remains elusive and interes... more

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Recent Guests

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
Carlo Monticelli
Governor of the Council of Europe Development Bank and a John Professor at Sciences Po.
Council of Europe Development Bank
Episode: Finance for social good : the Council of Europe Development Bank
Nicole Kearse
Head of Sovereign Finance at the African Legal Support Facility
African Legal Support Facility
Episode: Debt Management in Practice
Ceyla Pazarbasioglu
Director of the Strategy, Policy, and Review Department at the IMF
International Monetary Fund
Episode: Debt crises and multilateral solutions
Thomas Melonio
Chief Economist at Agence Francaise de Development (AFD)
AFD
Episode: Episode 16. Sustainable Development Goals: where do we go from here ?
Nicolas Picchiottino
Secretary General of International Development Finance Club
International Development Finance Club
Episode: Episode 14. Bridging development gaps: the role of public development banks ahead of the Seville Summit

Host

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

Chart Rankings

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Talking Points

Recent interactions between the hosts and their guests.

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.
Debt Management in Practice
Q: What would you pick as the most important lessons from the last sort of 15 years of borrowing and the last five years of that restructuring?
Kearse emphasizes the importance of knowing your creditors and having a clear, organized approach to borrowing and contracting.
Debt Management in Practice
Q: How does your work differentiate yourself from the work provided by other advisors?
Kearse states that their unique combination of being in-house legal counsel while providing expertise ensures that sovereigns receive tailored support based on their experience.
Debt Management in Practice
Q: Can you tell us exactly what your role as the head of sovereign finance at the African Legal Support Facility involves?
Nicole Kearse explains that they provide advisory services and capacity building to African governments, helping them manage debt from inception to restructuring.

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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. FT News Briefing
3. Bloomberg Daybreak: Europe Edition
4. Global News Podcast
5. Géopolitique

How many episodes of DebtTalks are there?

DebtTalks launched a year ago and published 28 episodes to date. You can find more information about this podcast including rankings, audience demographics and engagement in our podcast database.

How do I contact DebtTalks?

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What guests have appeared on DebtTalks?

Recent guests on DebtTalks include:

1. Clemence Landers
2. Paolo Gentiloni
3. Guillaume Arditti
4. Piera Tortora
5. Carlo Monticelli
6. Nicole Kearse
7. Ceyla Pazarbasioglu
8. Thomas Melonio

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