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 declines, the risks multiply: an aid crisis can deepen debt distress, evolve into a broader development crisis, and ultimately trigger governance breakdowns. At stake is the very purpose of foreign assistance – preventing instability, economic collapse, and governance breakdown.Hosts & GuestsPaola Subacchi is Professor and Chair in Sovereign Debt and Finance at Sciences Po, and Professor of Political Economy of Europe at the University of Bologna. She is also a partner at Essential Economics, a London-based consultancy that advises governments, international organisations, and private companies.Clemence Landers is vice president and senior policy fellow at the Center for Global Development, as well as a trustee on the Center for Global Development Europe's board of trustees.  Prior to joining CGD, she worked at the US Treasury Department on US engagement with the multilateral development banks and as a desk economist covering several countries in the Middle East and North Africa region.Production Paola SubacchiCoordination Nathalie CorvéeMusique Nils BertinelliHosted on Ausha. See ausha.co/privacy-policy for more information.