Wednesday, March 7, 2018

China and African Debt

The Center for Global Development published on 5 March 2018 a report titled "Examining the Debt Implications of the Belt and Road Initiative from a Policy Perspective" by John Hurley, Scott Morris, and Gailyn Portelance.

The authors conclude that China's Belt and Road Initiative is unlikely to cause a systemic debt problem but will likely contribute to debt problems in some participating countries. In Africa, Djibouti is in the high risk category while Egypt, Ethiopia, and Kenya are in the significant risk category.

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