Is a massive global debt default on the horizon?

If they are not currently in financial crisis, more than half of the low-income nations in the world are perilously close to getting there. The example of Sri Lanka has demonstrated the social upheaval that debt default may cause when a population is compelled to forgo vital imports. This week on Business Beyond, we'll discuss the potential for compound crises like the pandemic and the impending recession to tip heavily indebted nations over the edge, as well as what the international community can do to prevent that from occurring.