Debt and development

The debt crisis of the 1980s can be traced in part back to the mid-1970s. Although neither widespread debt-servicing difficulties nor over-exposure occurred in those years, and a "debt explosion" was avoided, borrowing from commercial sources began to assume a disproportionately large role. The responsibility for this was shared by the debtors, creditors, creditor governments and international financial agencies.

Sustainable Development Goals:

Decent Work and Economic Growth

Partnerships for the Goals