debt

More from the Series

Blog Post
The Paris Club: Will the United States Be Asked to Leave?
John Hurley
April 03, 2018
International actors have criticized decisions by the Trump administration to reject the Paris Climate Accord, abandon the Trans Pacific Partnership, and withdraw from a United Nations declaration intended to protect the rights of migrants. However, there is one international body, the Par...
Blog Post
The Importance of Domestic Resource Mobilization for Debt Sustainability
John Hurley
March 28, 2018
Even for countries that are far away from graduating from foreign aid, the importance of domestic resource mobilization for maintaining macroeconomic stability and sustained economic growth is well documented. A look at the experience of countries that have received HIPC debt relief validates t...
Blog Post
Will China's Belt and Road Initiative Push Vulnerable Countries into a Debt Crisis?
John Hurley et al.
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—...
POLICY PAPERS
Examining the Debt Implications of the Belt and Road Initiative from a Policy Perspective
John Hurley et al.
March 04, 2018
China’s Belt and Road Initiative hopes to deliver trillions of dollars in infrastructure financing to Asia, Europe, and Africa. This paper assesses the likelihood of debt problems in the 68 countries identified as potential BRI borrowers. We conclude that eight countries are at particular risk of de...
Blog Post
Chart of the Week: A New African Debt Crisis?
March 02, 2018
Debt relief wiped away much of Africa's sovereign debt, but after a decade of growth, debt stocks are rising again. Here's a look at the numbers, and how we got here again.
Blog Post
The Art of a Sudan Debt Relief Deal
John Hurley
February 16, 2018
Debt relief is high on the Sudanese government’s agenda. This week’s budget proposals coming out of the White House indicate that Sudan may finally get its wish—but there’s something weird about where the money comes from. Here I offer an alternative.
Blog Post
Is the New Budget Deal Good for Foreign Aid? Maybe. Is it Good for Developing Countries? Probably Not.
February 09, 2018
Foreign aid advocates might be tempted to take heart from the budget deal just struck on Capitol Hill. But the overall shift in the US fiscal position, driven primarily by last year's tax cuts and furthered by this spending agreement, suggests that developing countries will be net losers by orde...