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CGD in the News
June 10, 2019
"Western diplomats see China’s Belt and Road infrastructure initiative as a 'debt trap' that ensnares developing nations in predatory loan terms for dubious projects. But these instances are better understood as mistakes by Beijing. Such trickery would undermine China’s econ...
Blog Post
March 05, 2018
In a new CGD paper, we assess the likelihood of debt problems in the 68 countries we identify as potential BRI borrowers. The big takeaway: BRI is unlikely to cause a systemic debt problem, yet the initiative will likely run into instances of debt problems among select participating countries—...
Blog Post
January 17, 2018
Sometime around 2045, Nigeria’s population will pass the United States in size. Nigeria isalready the world’s most under-powered country in the world relative to its income—nearly 80 percent below global trends. As large as the power gap is today, what will Nigeria’...
Blog Post
December 18, 2017
Every year, millions of Americans power up decorative lights to celebrate the holidays. These festive lights invoke the best human aspirations of peace, joy, and generosity. This time of year, Americans should also celebrate that we can enjoy these traditions because we live in a country with a mode...