• Public Debt, how to grow, and its impact on legal jobs in emerging markets

  • 2024/12/29
  • 再生時間： 15 分
  • ポッドキャスト

Public Debt, how to grow, and its impact on legal jobs in emerging markets

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    We take time to analyse the implications of high public debt, drawing on Reinhart and Rogoff's research, "Growth in a Time of Debt". The analysis focuses on the impact on Kenya and South Africa, exploring how high debt levels hinder economic growth and increase inflation. Furthermore, it examines the resulting consequences for businesses, the financial sector, and the legal profession, particularly increased demand for debt restructuring expertise and changes in senior lawyer recruitment. Green ultimately suggests opportunities for legal professionals with specialised skills in navigating these economic challenges.
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Send us a text

We take time to analyse the implications of high public debt, drawing on Reinhart and Rogoff's research, "Growth in a Time of Debt". The analysis focuses on the impact on Kenya and South Africa, exploring how high debt levels hinder economic growth and increase inflation. Furthermore, it examines the resulting consequences for businesses, the financial sector, and the legal profession, particularly increased demand for debt restructuring expertise and changes in senior lawyer recruitment. Green ultimately suggests opportunities for legal professionals with specialised skills in navigating these economic challenges.
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