Sunday, July 8, 2018

China and Africa: Whither the Belt and Road?

Bridges Africa posted on 5 July 2018 an article titled "China and Africa: Wither the Belt and Road?" by Wenjie Chen and Roger Nord, both at the International Monetary Fund.

The authors conclude that if the Belt and Road Initiative is limited to more official lending for infrastructure development, it is unlikely to solve Africa's development challenges, given the shrinking borrowing space in many African countries.

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