The debt trap and the global South


[Picture: CGTN]

A ‘debt trap’ is ensnaring the Global South, a crisis forcing governments into difficult choices.

How do these debts lead to indirect taxation, subsidy cuts, and the resulting hardships for the common people?

This as these challenges often push countries to be more reliant on fossil fuels, which has its own social implications. 

How is South Africa, and more broadly speaking, the African continent being impacted by this debt trap? 

We’re joined by Dr Ahilan Kadirgamar, a senior Sociology lecturer at the University of Jaffna, Sri Lanka 


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