联合国贸易发展委员会：2025年的债务世界：是时候进行改革了（英文版）

External debt can complement domestic savings and provide foreign exchange to facilitate investment in sustainable development, when its dynamics remain sustainable. Yet, developing countries face a challenging and unpredictable global environment, along with a financial architecture whose entrenched asymmetries exacerbate the impact of cascading crises on their debt sustainability. By limiting their access to affordable development finance, the current system intensifies the debt burdens of