Why the Global South needs a ‘Borrower’s Club’ | Debt

The United States did it again. Just a week before the United Nations Fourth International Conference on Financing for Development in Seville, the Trump administration walked out, pulling out of negotiations and refusing to attend the world’s most important conference for coordinating how countries finance sustainable development. It was a dramatic, if familiar, abdication of responsibility. And although the rest of the world adopted the Seville Commitment (Compromiso de Sevilla) outcome…