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DebtTalks

by Sciences Po

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 (https://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 politics of debt, exploring past and current episodes of debt distress, examining legal controversies, and much more. Join us for the latest insights and stay tuned on DebtTalks. Hosted on Ausha. See ausha.co/privacy-policy for more information.

Latest episodes

Showing 20 · updated from the feed

Beyond debt: financing development through equity and productive assets

This episode looks at how developing countries can finance their growth without adding to already heavy debt burdens. From the lessons of past debt relief to the use of s

Oct 14
39 min

Debt, investment and impact

This episode explores how development finance can unlock private investment where it matters most. From supporting Ukraine’s recovery and strengthening economic resilienc

Sep 30
43 min

Debt in a higher-rate world

In this episode, Paola sits down with Sonja Gibbs to unpack the shifting global debt landscape – tariffs, supply-chain strain and higher interest rates driving up governm

Sep 21
33 min

Students take on sovereign debt : cure or prevention?

Sciences Po students Marius Guerin and Tom Krauthausen join Paola Subacchi to discuss what the G20 should prioritise as the United Kingdom prepares to take the chair in 2

Jun 24
24 min

Global debt in a higher debt world

Global debt is entering a more expensive and uncertain phase. Drawing on the OECD Global Debt Report 2026, Paola Subacchi talks to Nicolas Pinaud about the outlook for so

Jun 10
40 min

The price of power: who pays for critical minerals?

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 d

May 27
41 min

Digging out of debt: sovereign finance in commodity economies

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 pro

May 13
28 min

Debt at the tipping point: warning signs and viable options

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 sig

Apr 22
41 min

Mobilising capital for economic transformation in Latin America

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

Apr 8
37 min

From crisis bonds to long-term investment: financing Europe’s future

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 supra

Mar 25
34 min

Retrenching aid in a volatile world

As advanced economies cut international aid, Paola Subacchi and Clemence Landers assess the consequences for developing countries and the global economy. As funding decli

Mar 11
41 min

Inside Africa’s debt toolkit

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 market

Feb 25
38 min

Debt in a low-growth world

This episode features Paola Subacchi in conversation with former EU Commissioner Paolo Gentiloni. They explore how ageing, climate pressures and, more recently, defence s

Feb 11
43 min

Closing the financing gaps: innovative finance for developing countries

Join Paola Subacchi and Guillaume Arditti for a lively and engaging conversation on financial constraints that developing countries face – and how innovative financial to

Jan 28
39 min

Advancing global financial reforms in a turbulent multilateral context

Join Paola Subacchi and Piera Tortora for an in-depth discussion on how international policy cooperation can respond to pressing global challenges, including debt and cli

Jan 14
36 min

What’s next for Ukraine ?

In this episode DebtTalks departs from our usual long-view approach to engage directly with the latest headlines. Paola and Elina Ribakova explore the financial options a

Dec 10 2025
34 min

Finance for social good : the Council of Europe Development Bank

In this episode Paola Subacchi and Carlo Monticelli explore the transformative role finance can play in driving social change. Carlo shares insights into the Council of E

Dec 3 2025
32 min

Debt and Politics

This episode features political scientists Layna Mosley and Peter Rosendorff in conversation with Paola Subacchi about the domestic and international politics that surrou

Nov 19 2025
41 min

Swapping Debt for Development

How can countries in critical debt positions secure the financing they need to invest in critical infrastructure? And when should they rely on grants instead of loans – e

Nov 5 2025
27 min

Debt Management in Practice

In this episode, Paola sits down with Nicole Kearse to explore the intricacies of debt management. Drawing on Nicole’s extensive experience at the African Legal Support F

Oct 22 2025
34 min

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