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Although Nigeria has committed to the execution of the naira-yuan swap deal to salvage the naira, that has not foreclosed other alternatives from being dangled before it, even from no less a personality than the French President
If the U.S. and China have their way, Africa could soon begin to reach its potential as the next great frontier for apparel and textile sourcing.
The last decade has been an extraordinarily good one for developing nations and their mostly poor citizens, so good in fact that it has become commonplace to look upon them as potential saviors of the world economy. Their economies have...
The experiences and lessons from China’s economic transformation and poverty reduction have been attracting much interest from both African countries and the international development community.
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Economic Management & Governance
Commentary
So what if Africa defaults on Chinese debt?
The dilemma over Africa’s looming Chinese debt problem should be informed by Europe’s history of freeing up resources following WW1 and the treatment since the 2018 financial crisis of the Eurozone’s hardest hit economies.
Governance Macroeconomics