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Tag Archives: African development

Debt Should Be Dealt Differently to Promote African Development

Former chief economist of the World Bank, Justin Yifu Lin, has called on international financial institutions and donor countries to reevaluate debt sustainability to help developing countries, especially in Africa. According to Yan Wang, a senior fellow at the Institute of New Structural Economics, Peking University, “The traditional model of more-developed countries in the so-called global north funneling aid to ...

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