Drowning in Debt

March 1, 2012

Historically, the foremost creditor nation has shaped the global economy. In the future this role will fall to China, says Coggan
- Drowning in Debt
75
In This Episode
To coincide with the release of March’s Finance & Development, we interview one of the contributors to this quarter’s magazine, Philip Coggan.  In a new book, Coggan argues that the extraordinary rise in debt levels in recent years will reshape our world order.

Philip Coggan
, author of “Paper Promises: Debt, Money, and the New World Order
Join Us on Every Major Platform

BEHIND THE MIC

Bruce Edwards

International Monetary Fund

Bruce Edwards produces the IMF podcast program. He's an award-winning audio producer and journalist who's covered armed conflicts, social unrest, and natural disasters from all corners of the world. He believes economists have an important role in solving the world's problems and aspires to showcase their research in every IMF podcast.

Rhoda Metcalfe

RHODA METCALFE is an independent journalist and audio producer.

About IMF Podcasts

IMF Podcasts are the views of the International Monetary Fund (IMF) staff and external officials on pressing economic and policy issues of the day. The IMF, based in Washington D.C., is an organization of 191 countries, working to foster global monetary cooperation and financial stability around the world. The views expressed are those of the author(s) and do not necessarily represent the views of the IMF and its Executive Board.

© 2025 INTERNATIONAL MONETARY FUND. ALL RIGHTS RESERVED