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Photo: G20 Finance Ministers and Central Bank Governors gathered in Venice for their third official meeting under the Italian G20 Presidency on July 9-10, 2021.

Viewpoint by William N Kring

The writer is the Assistant Director for the Global Development Policy Center at Boston University. This article first appeared on EastAsiaForum on September 7, 2021.

BOSTON (IDN) — As the more lethal and contagious Delta variant of COVID-19 rips across the globe, the prospects of multilateral efforts to combat the virus, tackle the looming global debt crisis and mount a sustainable economic recovery are dim. Nowhere is the insufficiency of the multilateral response more apparent than on the issue of debt relief.

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