World Bank
United States


Piotr Biziel

Cite as

Topic: Means to overcome the debt burden on developing nations

Committee: World Bank

Country: United States of America

The problem of debt affects all countries to some extent. As the World Bank we must find means to overcome this problem and ensure that countries that have large problems with their national debt are able to develop economically.

The United States itself has a large national debt. As of 2019, it amounts to about 22 trillion USD and is the highest in the world. This is roughly 108% of US annual GD...