How can cross-party collaboration help tackle sovereign debt issues?

One of the key solutions discussed during Kevin McCarthy’s sovereign debt discussion at the AIM Summit Dubai was the importance of cross-party collaboration initiatives. Political infighting in Western democracies has made it increasingly difficult to address long-term economic concerns like debt accumulation. Experts at the summit emphasized that bipartisan efforts are needed to create fiscal policies that prevent economic crises. Without cooperation, financial volatility will continue to rise, affecting not just developed nations but also emerging markets worldwide.