The outgoing President of the World Bank, Malpasse, said that the developed economies of the world were facing debt problems, which were exacerbating other challenges in the global economy as the central banks continued to struggle against continuing inflation. In an interview held in Japan on the margins of the meeting of G-7 Governors and Governors of the Central Bank, Malpasse stressed that a record level of global debt needs to be addressed to stabilize. He said: “The ratio of debt to GDP...