Ugo Panizza

Antonio Fatás, an economist from INSEAD, and Ugo Panizza, a public finance expert at the Graduate Institute, delve into the pressing issue of U.S. debt sustainability. They discuss the staggering current debt levels and rising interest costs, warning of the implications of recent policies like the One Big Beautiful Bill Act. As they analyze the potential effects of inflation and the challenges of raising revenues through tax increases, they emphasize the urgent need for timely action to prevent future fiscal crises.

Mitu Gulati, a law professor specializing in sovereign debt, and Ugo Panizza, an economics professor at the Graduate Institute of Geneva, dive into Haiti's staggering post-colonial debt. They discuss how a colonial indemnity agreement has perpetuated poverty in Haiti for nearly 200 years. The conversation explores the concept of odious debt and its implications for economic development and social justice. They also reflect on the historical narrative of debt, advocating for reparations and debt relief as critical steps toward supporting Haiti's recovery.