The London School of Economics blog published on 1 August 2022 a commentary titled "How the US-China Rivalry Is Undermining Efforts to Address Africa's Debt" by Harry Verhoeven, Columbia University, and Nicolas Lippolis, University of Oxford.
By imposing initiatives that do not acknowledge China's incentives or concerns, Western powers are undermining efforts at debt resolution, while failing to address the root causes of Africa's over-indebtedness. Eurobonds have been the chief factor in the growth of African external debt.
