Rethinking Foreign Funding for Africa
https://www.project-syndicate.org/commentary/overhauling-development-financing-for-africa-by-kenneth-rogoff-2024-10
Ken Rogoff:
African countries’ large and growing debt burdens have become a major obstacle to poverty reduction. Western countries must stop exacerbating the continent’s problems and offer debt relief by substituting grants for loans and forcing private lenders to settle sovereign-debt disputes in borrower-country courts.
https://www.project-syndicate.org/commentary/overhauling-development-financing-for-africa-by-kenneth-rogoff-2024-10
Ken Rogoff:
African countries’ large and growing debt burdens have become a major obstacle to poverty reduction. Western countries must stop exacerbating the continent’s problems and offer debt relief by substituting grants for loans and forcing private lenders to settle sovereign-debt disputes in borrower-country courts.