Different Loan Paradigms, Different Development Outcomes – Analysis

Eurasia Review

Published

By Thierry Pairault

Over the past 15 years or so, at the instigation of the World Bank and China, Africa has implemented a strategy of “infrastructure-led growth,” financed by China. Today, the IMF, in a report on Ethiopia published in early 2020, acknowledges the limits of this model. However, the damage is done, as we...

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