Episode 13. Financing growth in a challenging debt market environment

The OECD Global Report 2025 highlights the resuming of a long-term trend of more
than two decades of rising debt levels, accompanied by growing interest payment
burdens in many countries. In this episode of DebtTalk, Paola Subacchi and Fatos
Koc explore policy options – from fiscal restraint and structural reforms to stimulate
growth in advanced economies, to strategies for developing local capital markets in
emerging and developing countries.
Hosts and Guests
Paola Subacchi is Professor of Political Economy, University of Bologna, and the
Incoming Chair in Sovereign Debt and Finance at Sciences Po.
Fatos Koc is the head of Financial Markets Unit at the OECD.

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