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Blog Post
June 20, 2023
The Biden administration’s efforts to provide attractive alternatives to Chinese finance in the developing world coincides with a period of pronounced financial stresses for these countries. After years of ready access to capital markets, coinciding with China’s rise as the dominant source of govern...
Blog Post
December 06, 2022
If the Biden administration wants to forge stronger bonds with African governments in the lead up to mid-December’s US-Africa Leaders Summit, it will have to focus on meeting the needs of those governments during a particularly difficult economic period. One useful but greatly underutilized instrum...
Apr
19
2022
1:00—2:30 PM Eastern Time (US & Canada)
April 08, 2022
To discuss the impact of the war in Ukraine on low-income economies, and how to structure a robust response, CGD convenes a panel discussion of distinguished experts in developing country finances and the global aid and finance architecture.
Dec
3
2021
10:00—11:00 AM Eastern Time (US and Canada)
November 22, 2021
Almost three decades after the highly indebted poor countries (HIPC) initiative cleared $76 billion in unsustainable debts from the balance sheets of 37 countries, the sovereign debt burdens of many African countries are once again approaching concerning levels. But despite the many similarities bet...
Blog Post
July 19, 2021
The G7 countries pledged a massive scale-up in support of developing-country financing at their recent summit in the UK. How it will be financed remains an open question. But analyzing trends in recent debt flows by lenders to developing countries, and taking stock of the Debt Service Suspension Ini...
Apr
16
2021
9:00—10:00 AM ET
April 07, 2021
China is the world’s largest official creditor, but basic facts about the terms and conditions of its lending were—until recently—obscured. On March 31, 2021, the Center for Global Development, in collaboration with AidData at William & Mary, the Kiel Institute for the World Economy, Georgetown ...
WORKING PAPERS
March 31, 2021
China is the world’s largest official creditor, but we lack basic facts about the terms and conditions of its lending. Very few contracts between Chinese lenders and their government borrowers have ever been published or studied. This paper is the first systematic analysis of the legal terms of Chin...
CGD NOTES
November 18, 2020
We examine the behavior of Chinese government lenders in two debt rescheduling episodes: a “low stakes” case involving Seychelles and a “high stakes” case involving the Republic of Congo. The fact that the Republic of Congo was worse off after rescheduling its debts with Beijing underscores the impo...